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Sales activity increased six per cent in Perth this week, with REIWA members reporting 946 transactions.
This increase can be attributed to a two per cent rise in house sales, a 20 per cent rise in unit sales and 13 per cent rise in vacant land sales over the week.
There were 10,371 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 and listings for units and vacant land both remained stable.
This week's total figure is three per cent lower than levels seen four weeks ago and are 27 per cent lower than levels seen a year ago.
REIWA members reported there were 2,854 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 three 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.
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