• Perth market snapshot for the week ending 16 August 2020

    New

    Perth Market Snapshot For The Week Ending | 16 August 2020 | REIWA

    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.

    Properties for sale

    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.

    Perth rental market

    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.

  • Other articles of interest

    See all