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Sales activity remained stable in Perth last week, with REIWA
members reporting 1,010 transactions.
This stability can be attributed to a four per cent decline in house sales, a 11 per cent increase in unit sales, and an eight per cent increase in vacant land sales.
A closer look at listing stock levels shows house listings increased by four per cent, listings for units increased by three per cent and listings for vacant land decreased by two per cent.
Last week's total figure is five per cent higher than four weeks ago and 35 per cent lower than a year ago.
REIWA members reported there were 2,747 properties
for rent in Perth at the end of last week, which is one per cent more than the previous week.
Last week's rental listings figure is three per cent lower than four weeks ago and 49 per cent lower than a year ago.
View our Perth Market Snapshot for a detailed breakdown of the past week.
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