Sales activity decreased one per centin Perth last week, with REIWA members reporting 910 transactions.
This decrease can be attributed to aseven per cent fall in house sales, a five per cent rise in unit sales, and a25 per cent rise in vacant land sales over the week.
Properties for sale
There were 10,221 properties for sale in Perth at the end of last week, which isone per cent more than the previous week.
A closer look at listing stock levelsshows house listings increased by two per cent, listings for units increased byone per cent and listings for vacant land decreased by one per cent.
Last week’s total figure is two per cent lower than levels seen four weeks agoand are 28 per cent lower than levels seen a year ago.
Perth rental market
REIWA members reported there were2,814 properties for rent in Perth at the end of last week, which isone per cent more than the previous week.
Last week’s rental listings figure isfive per cent lower than levels seen four weeks ago and are 54 per cent lowerthan levels seen a year ago.
View ourPerth Market Snapshot graphfor adetailed breakdown of the past week.
