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Sales activity increased two per cent
in Perth this week, with REIWA members reporting 838 transactions.
This increase can be attributed to a
two per cent rise in house sales, no change in unit sales, and six per cent
rise in vacant land sales over the week.
There were 10,763 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 decreased by two per cent, listings for units remained
stable and listings for vacant land increased by two per cent.
This week's total figure is on par with levels seen four weeks ago, but are 22
per cent lower than levels seen a year ago.
REIWA members reported there were
3,206 properties for rent in Perth at the end of this week, which is three per
cent less than last week.
This week's rental listings figure is
10 per cent lower than levels seen four weeks ago and 51 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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