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Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 249 transactions.
This increase can be attributed to a 11 per cent rise in house sales, 45 per cent rise in unit sales and 18 per cent rise in vacant land sales over the week.
There were 12,257 properties for sale in Perth at the end of this week, which is six per cent less than last
A closer look at listing stock levels shows house and unit listings decreased by seven per cent and listings for vacant land decreased by five per cent.
This week's total figure is 12 per cent lower than levels seen four weeks ago and are 24 per cent lower than levels seen a year ago.
REIWA members reported there were 5,767 properties for rent in Perth at the end of this week, which is three
per cent more than last week.
This week's rental listings figure is four per cent lower than levels seen four weeks ago and are 21 per cent lower than levels seen a year ago.
Leasing activity increased nine per cent in Perth this week, with REIWA members reporting 485 properties leased.
View our Perth Market Snapshot graph for a detailed breakdown of the past week.
The Perth rental market continued its recovery in the December 2019 quarter, with the vacancy rate d...
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Looking for the latest information on the commercial property market? The latest reiwa.com research ...
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