Perth Market Snapshot for the week ending 14 November 2021

Sales activity decreased two per cent in Perth last week, with REIWA members reporting 1,067 transactions.

This decrease can be attributed to a five per cent decline in house sales. However, unit sales were stable and vacant land sales increased 46 per cent.

There were 9,067 properties for sale in Perth at the end of last week, which is two per cent more than the previous week.

A closer look at listing stock levels shows house listings increased by four per cent, listings for units increased by one per cent and listings for vacant land were stable.