16 November 2020
Sales activity increased three per
cent in Perth last week, with REIWA
members reporting 918
transactions.
This increase can be attributed to a
nine per cent rise in house sales, two per cent rise in unit sales and 28 per
cent fall in vacant land sales over the week.
Properties for sale
There were 10,237 properties for sale in Perth at the end of last week, which is in
line with the previous week.
A closer look at listing stock levels
shows house and unit listings remained stable, while listings for vacant land
increased by one per cent.
Last week's total figure is one per cent lower than levels seen four weeks ago
and are 29 per cent lower than levels seen a year ago.
Perth rental market
REIWA members reported there were
2,864 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 lower than levels seen four weeks ago and are 54 per cent lower
than levels seen a year ago.
View our Perth Market Snapshot graph for a
detailed breakdown of the past week.