• Perth Market Snapshot for the week ending 20 September 2020

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    Perth Market Snapshot For The Week Ending | 20 September 2020 | REIWA

    Sales activity decreased one per cent in Perth this week, with REIWA members reporting 826 transactions.

    This decrease can be attributed to a five per cent rise in house sales, 10 per cent fall in unit sales and 19 per cent fall in vacant land sales over the week.

    Properties for sale

    There were 10,686 properties for sale in Perth at the end of this week, which is in line with last week.

    A closer look at listing stock levels shows house listings remained stable, listings for units increased by one per cent and listings for vacant land increased by one per cent.

    This week's total figure is one per cent lower than levels seen four weeks ago and are 23 per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 3,028 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 nine per cent lower than levels seen four weeks ago and are 52 per cent lower than levels seen a year ago.

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