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Sales activity decreased 10 per cent
in Perth this week, with REIWA members reporting 716 transactions.
This decrease can be attributed to a
four per cent rise in house sales, 25 per cent fall in unit sales and 39 per
cent fall in vacant land sales over the week.
There were 10,798 properties for sale in Perth at the end of this week, which is one
per cent more than last week.
A closer look at listing stock levels
shows house listings remained stable, listings for units increased by two per
cent and listings for vacant land remained stable.
This week's total figure is three per cent higher than levels seen four weeks
ago, but are 24 per cent lower than levels seen a year ago.
REIWA members reported there were
3,362 properties for rent in Perth at the end of this week, which is
five per cent less than last week.
This week's rental listings figure is
13 per cent lower than levels seen four weeks ago and are 51 per cent lower
than levels seen a year ago.
View our Perth Market Snapshot
graph for a detailed breakdown of the past week.
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