"Sales activity decreased by 2.5 cent in Perth last week, with REIWA members reporting 836 transactions."
Sales activity decreased by 2.5 cent in Perth last week, with REIWA members reporting 836 transactions. A closer look shows house sales decreased by 2.6 per cent and unit sales decreased by 2.3 per cent whereas vacant land sales were the same as the week prior.
Last week's total figure of properties available for sale is similar to levels seen four weeks ago and 11.7 per cent lower than levels seen a year ago.