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30 July 2026
Perth’s median house sale price* could reach $1 million by the end of the year, despite the softening in the market, according to REIWA’s 2026 property market quarterly update.
A reduction in supply is not good news. There will always be people who need or want to rent and fewer rental properties will not benefit them.
Auction clearance rates may make headlines, but Perth’s low auction volumes mean the figures should be read with caution.
3 July 2026
REIWA President Suzanne Brown said the rise was due to an increase in new listings over the past few months and a softening of demand.
30 June 2026
The number of Perth sellers discounting their houses has increased in the last three months, according to new research from REIWA.
24 June 2026
Housing affordability in WA is at the worst level since 1996, according to data from the Real Estate Institute of Australia (REIA).
27 May 2026
REIWA Regional Spokesperson Peta McKenzie said 6.9 per cent growth was incredible and reflected the imbalance between demand and supply in the region.
REIWA President Suzanne Brown said first home buyers should take time to understand both the market and their own priorities before making an offer.
Underquoting is of particular concern in east coast markets where auctions are common and has seen the VIC and NSW governments strengthen their laws.
1 April 2026
“Rising oil prices are already putting upward pressure on building costs and are also causing delays in the supply of materials,” REIWA Deputy President Rob Mandanici said.
Following the state election in March 2025, the Cook Government increased the thresholds for the first home buyer stamp duty concessions.
Following a decrease in activity in early 2025, investors have returned to some Western Australian regional markets in force.