• Perth market snapshot for the week ending 20 October 2019

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    Sales activity increased three per cent in Perth this week, with REIWA members reporting 597 transactions compared to 586 last week.

    This increase can be attributed to a 20 per cent increase in unit sales and a six per cent fall in vacant land sales, despite stable house sales over the week.

    This week’s figure is 26 per cent higher than the same week last year.

    Listings for sale

    There were 14,083 properties for sale in Perth at the end of this week, which is 1.8 per cent more than last week.

    A closer look at listing stock levels shows house listings increased by 1.7 per cent, and listings for vacant land increased by two per cent.

    This week's total figure is one per cent higher than levels seen four weeks ago and are 15 per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 6,116 properties for rent in Perth at the end of this week, which is one per cent less than last week.

    This week's rental listings figure is 3.5 per cent lower than levels seen four weeks ago and are 17 per cent lower than levels seen a year ago.

    Leasing activity remained steady in Perth this week, with REIWA members reporting 1,034 properties leased down 1.7 per cent from the same week last year. 

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

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