• Perth market snapshot for the week ending 26 April 2020

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    Perth Market Snapshot For The Week Ending | 26 April 2020 | REIWA

    Sales activity increased 53.3 per cent in Perth this week, with REIWA members reporting 437 transactions.

    This increase can be attributed to a 40.5 per cent rise  in house sales, 63.4 per cent increase in unit sales and 134.5 per cent increase in vacant land sales over the week.

    Properties for sale

    There were 11,903 properties for sale in Perth at the end of this week, which is 1.4 per cent lower than last week.

    A closer look at listing stock levels shows house listings decreased by 2.4 per cent, listings for units remained unchanged and vacant land listings decreased by 0.1 per cent.

    This week's total figure for properties listed for sale is five per cent lower than levels seen four weeks ago and is 20.7 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 5,696 properties for rent in Perth at the end of this week, which is in line with last week.

    This week's rental listings figure is five per cent higher than levels seen four weeks ago and is 20 per cent lower than levels seen a year ago.

    Leasing activity increased 18.6 per cent in Perth this week, with REIWA members reporting 861 properties leased.

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

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