Sales activity increasing 19 per cent in Perth last week, withreporting1,042 transactions.
This increase can beattributed to a 21 per cent rise in house sales, 21 per cent rise in unitsales and eight per cent rise in vacant land sales over the week.
Properties for sale
There were 10,108at the end of last week, which is one per cent less than theprevious week.
A closer look at listingstock levels shows house listings decreased by three per cent, listings forunits decreased by one per cent and listings for vacant land increased by oneper cent.
Last week’s total figure is on par with levels seen four weeks ago and are 28per cent lower than levels seen a year ago.
Perth rental market
REIWA members reported there were 2,875at the end of last week, which is in line with the previousweek.
Last week’s rental listings figure isthree per cent higher than levels seen four weeks ago, but are 52 per centlower than levels seen a year ago.
View ourfor a detailed breakdown of the past week.
