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Sales activity remained steady in Perth this week,
with REIWA members reporting
585 transactions - five more than last week.
This increase can be attributed to a 1.1 per cent
decrease in house sales, a nine per cent rise in unit sales and a two per cent
rise in vacant land sales over the week.
The level in sales activity is the highest weekly
total that has been recorded since November 2018.
were 15,713 properties for sale in Perth at the end of this week, which is 0.23
per cent less than last week.
A closer look at listing stock levels shows house
listings decreased by 1.82 per cent, whilst listings for units and vacant land
both essentially remained steady.
This week's total figure is five per cent lower
than levels seen four weeks ago, and are 3.94 per cent lower than levels seen a
reported there were 7,504 properties for rent in Perth at the end of this week,
which is two per cent more than last week.
This week's rental listings figure is two per cent
higher than levels seen four weeks ago, but are 13 per cent lower than levels
seen a year ago.
View our Perth Market Snapshot graph for a detailed
breakdown of the past week.