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Sales activity decreased 22.2 per cent in Perth last week due to the Easter long weekend, with REIWA members reporting 785 transactions.
This decrease can be attributed to a 23 per cent decline in house sales, a 14 per cent decline in unit sales and a 29 per cent decline in vacant land sales.
There were 8,485 properties for sale in Perth at the end of last week, which is three per cent more than the previous week.
A closer look at listing stock levels shows house listings increased by four per cent, listings for units increased by four per cent and listings for vacant land decreased by two per cent.
Last week's total figure is four per cent higher than four weeks ago and 31 per cent lower than a year ago.
REIWA members reported there were 2,745 properties for rent in Perth at the end of last week, which is two per cent more than the previous week.
Last week's rental listings figure is one per cent higher than four weeks ago and 51 per cent lower than a year ago.
View the our Perth Market Snapshot graphic for a complete breakdown of the past week.
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