• Perth Market Snapshot for the week ending 29 November 2020

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    Perth Market Snapshot For The Week Ending | 29 November 2020 | REIWA

    Sales activity increased 19 per cent in Perth last week, with REIWA members reporting 1,042 transactions.

    This increase can be attributed to a 21 per cent rise in house sales, 21 per cent rise in unit sales and eight per cent rise in vacant land sales over the week.

    Properties for sale

    There were 10,108 properties for sale in Perth at the end of last week, which is one per cent less than the previous week.

    A closer look at listing stock levels shows house listings decreased by three per cent, listings for units decreased by one per cent and listings for vacant land increased by one per cent.

    Last week's total figure is on par with levels seen four weeks ago and are 28 per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 2,875 properties for rent in Perth at the end of last week, which is in line with the previous week.

    Last week's rental listings figure is three per cent higher than levels seen four weeks ago, but 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.