• Perth Market Snapshot for the week ending 2 December

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    Sales activity increased four per cent in Perth this week, with REIWA members reporting 532 transactions.

    This increase can be attributed to a four per cent rise in unit sales and a 71 per cent rise in vacant land sales, however there was a three per cent decline in house sales.

    Listings for sale

    There were 15,672 properties for sale in Perth at the end of this week, which is two per cent less than last week.

    A closer look at listing stock levels shows house listings decreased by one per cent, whilst listings for units and vacant land both decreased by two per cent.

    This week's total figure is four per cent higher than levels seen four weeks ago and six per cent higher than the same time last year.

    Perth rental market

    REIWA members reported there were 6,949 properties for rent in Perth at the end of this week, which is in line with last week.

    This week's rental listings figure is 26 per cent lower than levels seen a year ago.

    Take a look at the breakdown of the past week.

    Perth Weekly Sales & Rental Market Snapshot|2 December 2018

    View more Perth Metro real estate data.