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Sales activity increased 44 per cent in Perth this week, with REIWA members reporting 844 transactions.
This increase can be
attributed to a 25.6 per cent rise in house sales, 29.4 per cent rise in unit
sales and 108 per cent rise in vacant land sales over the week.
There were 11,126 properties for sale in Perth at the end of this week, which is a 1.7 per cent decrease from last week.
A closer look at
listing stock levels shows house listings fell by 0.7 per cent, listings for
units remained stable and listings for vacant land decreased by 5.5 per cent.
week's total figure is four per cent lower than levels seen four weeks ago and
are 30 per cent lower than levels seen a year ago.
REIWA members reported there were 4,338 properties for rent in Perth at the end of this week, which is three per
cent less than last week.
This week's rental listings figure is 16 per cent
lower than levels seen four weeks ago and are 42 per cent lower than levels
seen a year ago.
Leasing activity increased 26 per cent in Perth this week, with REIWA members reporting 1,000 properties leased.
View our Perth Market Snapshot graph for a detailed breakdown of the past week
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