• Perth market snapshot for the week ending 8 December 2019

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    Perth Market Snapshot For The Week Ending | 8 December 2019 | REIWA

    Sales activity decreased two per cent in Perth this week, with REIWA members reporting 662 transactions compared to 683 the previous week.

    This decrease can be attributed to a five per cent fall in house sales, a nine per cent rise in unit sales and a three per cent rise in vacant land sales over the week.

    Properties for sale

    There were 13,931 properties for sale in Perth at the end of this week, which is two per cent less than last week.

    A closer look at listing stock levels shows house listings decreased by one per cent, listings for units decreased by one per cent and listings for vacant land remained stable.

    This week's total figure is two per cent lower than levels seen four weeks ago and are 21 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 6,018 properties for rent in Perth at the end of this week, which is in line with last week. 

    This week's rental listings figure is two per cent lower than levels seen four weeks ago and are 17 per cent lower than levels seen a year ago

    Leasing activity increased two per cent in Perth this week, with REIWA members reporting 997 properties leased.

    View our Perth Market Snapshot graph for a detailed breakdown of the past week.

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