Sales activity increased 3.2 per cent in Perth last week, withREIWA membersreporting 944 transactions.
Over the week, house sales increased 4.6 per cent, unit sales increased 2.4 per cent and vacant land sales decreased 12.1 per cent.
Properties for sale
There were 8,406properties for sale in Perthat the end of last week, which is 0.9 per cent less than the previous week.
A closer look at listing stock levels shows house listings decreased by 1.9 per cent, unit listings increased 0.5 per cent, and listings for vacant land was stable.
Last week’s total figure is 1.7 per cent lower than four weeks ago and 1.1 per cent lower than a year ago.
Perth rental market
REIWA members reported there were 1,907properties for rent in Perthat the end of last week, which is 7.2 per cent less than the previous week.
Last week’s rental listings figure is 15 per cent lower than four weeks ago and 19.8 per cent lower than a year ago.
Leasing activity increased four per cent in Perth last week, with REIWA members reporting 700 properties leased.
View ourPerth Market Snapshot graphicfor a complete breakdown of the past week.
