"Sales activity increased 7.8 per cent in Perth last week, with REIWA members reporting 1,024 transactions. Find out more about how the Perth sales and rental market performed."
Sales activity increased 7.8 per cent in Perth last week, with REIWA members reporting 1,024 transactions.
This decrease can be attributed to a seven per cent increase in house sales, an 8.9 per cent increase in unit sales, and a 11.5 per cent increase in vacant land sales.
A closer look at listing stock levels shows house listings decreased by four per cent, listings for units decreased by 4.5 per cent and listings for vacant land decreased by 5.4 per cent.
Last week's total figure is 3.9 per cent higher than four weeks ago and 33 per cent lower than a year ago.
Last week's rental listings figure is 2.6 per cent lower than four weeks ago and 51 per cent lower than a year ago.
View our Perth Market Snapshot graphic for a complete breakdown of the past week.