• Perth market snapshot for the week ending 5 January 2020

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    Perth Market Snapshot For The Week Ending | 5 January 2020 | REIWA

    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.

    Properties for sale

    There were 12,257 properties for sale in Perth at the end of this week, which is six per cent less than last week.

    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.

    Perth rental market 

    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.

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