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Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 590 transactions.
This increase can be attributed to
a 18.6 per cent increase in house sales, 4.3 per cent decrease in unit sales and 31.8 per cent increase in vacant
land sales over the week.
week’s sales of 590 compares to 413 four weeks ago and 475 one year ago.
There were 11,567 properties for sale in Perth at the end of this week, which is in line with last week.
closer look at listing stock levels shows house listings decreased by one per
cent, listings for units decreased by 0.5 per cent and vacant land listings increased
1.4 per cent.
This week's total figure for properties listed for sale is 2.8
per cent lower than levels seen four weeks ago and 30 per cent lower than
levels seen a year ago.
REIWA members reported there were 5,028 properties for rent in Perth at the end of this week, which is 2.6 per cent less than
This week's rental listings figure is 11.7 per cent lower than
levels seen four weeks ago and is 31.5 per cent lower than levels seen a year
Leasing activity decreased 9.8 per cent in Perth this
week, with REIWA members reporting 946 properties leased.
View our Perth Market Snapshot graph for a detailed breakdown of the past week.
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