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Sales activity increased 35 per cent in Perth this week, with REIWA members reporting 1,318 transactions.
This increase can be attributed to a 18 per cent rise in house sales,
59 per cent rise in unit sales and 53 per cent rise in vacant land sales
over the week.
There were 10,407 properties for sale in Perth at the end of this week, which is five per
cent less than last week.
A closer look at
listing stock levels shows house listings decreased by five per cent, listings
for units decreased by three per cent and listings for vacant land decreased by
nine per cent.
This week's total figure is
eight per cent lower than levels seen four weeks ago and 29 per cent lower
than levels seen a year ago.
REIWA members reported there were 3,963 properties for rent in Perth at the end of this week, which is one per cent less than last
This week's rental
listings figure is 13 per cent lower than levels seen four weeks ago and 47
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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