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Sales activity decreased in Perth this week, with REIWA members reporting 502 transactions compared to 675 last week.
This increase can be attributed to a 25 per cent decline in house sales, 6.3 per cent decline in unit sales and 42 per cent fall in vacant land sales over the week.
There were 13,640 properties for sale in Perth at the end of this week, which is 109 properties less than last week.
This week's total figure is 14 per cent lower than levels seen a year ago and the lowest since October 2014.
REIWA members reported there were 6,200 properties for rent
in Perth at the end of this week, which is 13 more properties than last week.
This week's rental listings figure is six per cent lower than levels seen four weeks ago and are 18 per cent lower than levels seen a year ago.
Leasing activity decreased 16 per cent in Perth this week, with REIWA members reporting 852 properties leased.
View our Perth Market
Snapshot graph for a detailed breakdown of the past week.
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