• Perth Market Snapshot for the week ending 22 November 2020

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    Perth Market Snapshot For The Week Ending | 22 November 2020 | REIWA

    Sales activity decreased three per cent in Perth last week, with REIWA members reporting 877 transactions.

    This decrease can be attributed to a four per cent fall in house sales, four per cent fall in unit sales and no change in vacant land sales over the week.

    Properties for sale

    There were 10,235 properties for sale in Perth at the end of last week, which is in line with the previous week.

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

    Last week's total figure is one per cent lower than levels seen four weeks ago and are 29 per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 2,864 properties for rent in Perth at the end of last week, which is in line with the previous week.

    Last week's rental listings figure is on par with levels seen four weeks ago but are 53 per cent lower than levels seen a year ago. 

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