• Perth Market Snapshot for the week ending 30 August 2020

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    Perth Market Snapshot For The Week Ending | 30 August 2020 | REIWA

    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.

    Properties for sale

    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.

    Perth rental market

    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.