• Perth Market Snapshot for the week ending 14 July 2019

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    Sales activity decreased 15 per cent in Perth this week, with REIWA members reporting 495 transactions compared to 589 last week. 

    This decrease can be attributed to an 18 per cent fall in house sales, a four per cent fall in unit sales and a six per cent fall in vacant land sales over the week.

    Listings for sale

    There were 14,812 properties for sale in Perth at the end of this week, which is in line with last week.

    A closer look at listing stock levels shows house listings decreased by one per cent, listings for units remained stable and listings for vacant land increased by four per cent.

    This week's total figure is seven per cent lower than levels seen four weeks ago and are seven per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 7,324 properties for rent in Perth at the end of this week, which is one per cent less than last week.

    This week's rental listings figure is three per cent lower than levels seen four weeks ago and are 16 per cent lower than levels seen a year ago.

    View our Perth Market Snapshot graph for a detailed breakdown of the past week.