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Sales activity remained stable in Perth this week, with REIWA members reporting 683 transactions compared to
647 the previous week.This increase can be attributed to a 26 per cent rise in vacant land
sales and a five per cent rise in house sales, despite a two per cent fall in
unit sales and over the week.
There were 14,044 properties for sale in Perth at the end of this week, which is two per cent less than last week. A closer look at listing stock levels shows house listings decreased by
three per cent, listings for units decreased by three per cent and listings for
vacant land decreased by two per cent.This week's total figure is one per cent lower than levels seen four
weeks ago and are 20 per cent lower than levels seen a year ago.
REIWA members reported there were 6,022 properties for rent in Perth at the end of this week, which is two per cent less than last week.
This week's rental listings figure is two per cent higher than levels
seen four weeks ago but are 17 per cent lower than levels seen a year ago.
Leasing activity decreased two per cent in Perth this week, with REIWA
members reporting 981 properties leased. Leasing activity has continued a
downwards trend in 2019 with a weekly average of 1,003 leases per week, down
five per cent from 2018.
Lower leasing levels reflect the slowdown in
View our Perth Market Snapshot graph for a detailed breakdown of the past week.
The Perth rental market continued its recovery in the December 2019 quarter, with the vacancy rate d...
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Looking for the latest information on the commercial property market? The latest reiwa.com research ...
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