Sales activity decreased 15 per cent in Perth this week, with REIWA members reporting 520 transactions.
This figure remains above the 2018 average so far of 498 sales per week and comes after exceptionally strong sales numbers were recorded last week.
Listings for sale
There were 15,928 properties for sale in Perth at the end of this week, which is one per cent more than last week. This is six per cent higher than levels seen both four weeks ago and a year ago.
Perth rental market
REIWA members reported there were 6,971 properties for rent in Perth at the end of this week, which is one per cent less than last week.
This week’s rental listings figure is one per cent lower than levels seen four weeks ago and 26 per cent lower than this time last year.
Take a look at the breakdown of the past week: