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Sales activity increased nine per cent in Perth this week, with REIWA members reporting 638 transactions.
This increase can be attributed to a nine per cent rise in house sales, 15 per cent rise in unit sales and five per cent rise in vacant land sales over the week.
There were 12,636 properties for sale in Perth at the end of this week, which is one per cent more than last
A closer look at listing stock levels shows house listings remained stable, listings for units increased by one per cent and listings for vacant land increased by two per cent.
This week's total figure is three per cent lower than levels seen four weeks ago and are 25 per cent lower than levels seen a year ago.
REIWA members reported there were 5,905 properties for rent in Perth at the end of this week, which is four per
cent less than last week.
This week's rental listings figure is six per cent higher than levels seen four weeks ago, but are 14 per cent lower than levels seen a year ago.
Leasing activity increased four per cent in Perth this week, with REIWA members reporting 1,345 properties leased.
View our Perth Market Snapshot graph for a detailed breakdown of the past week.
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