• Perth market snapshot for the week ending 2 February 2020

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    Sales activity decreased five per cent in Perth this week, with REIWA members reporting 597 transactions.

    This decrease can be attributed to a 10 per cent fall in house and unit sales, despite a 38 per cent rise in vacant land sales over the week.

    Properties for sale

    There were 12,384 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, listings for units decreased by two per cent and listings for vacant land decreased by three per cent.

    This week's total figure is one per cent higher than levels seen four weeks ago, but are 25 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 5,770 properties for rent in Perth at the end of this week, which is two per cent less than last week.

    This week's rental listings figure is one per cent higher than levels seen four weeks ago, but are 15 per cent lower than levels seen a year ago.

    Leasing activity decreased 22 per cent in Perth this week, with REIWA members reporting 1,040 properties leased.

    View our Perth Market Snapshot graph for a detailed breakdown of the past week.

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