Sales activity increased 10 per centin Perth last week, with REIWA members reporting 763 transactions.
This increase can be attributed to anine per cent rise in house sales, 17 per cent rise in unit sales and nine percent rise in vacant land sales over the week.
Properties for sale
There were 8,312 properties for sale in Perth at the end of last week, which is one per cent more than the previousweek.
A closer look at listing stock levelsshows house listings and unit listings each increased by one per cent, whilelistings for vacant land decreased by one per cent.
Last week’s total figure is nine per cent lower than levels seen four weeks agoand 34 per cent lower than levels seen a year ago.
Perth rental market
REIWA members reported there were2,912 properties for rent in Perth at the end of last week, which isthree per cent more than the previous week.
Last week’s rental listings figure isseven per cent higher than levels seen four weeks ago but are 53 per cent lowerthan levels seen a year ago.
View our Perth Market Snapshot graph for a detailed breakdown of the past week.