Rental listings in Perth reach an eight-year low in September - REIWA
Rental listings in Perth continued to drop in September, falling eight per cent to 2,926 over the month - the lowest it’s been since 2012, according to reiwa.com data.
68 per cent increase in Perth sales activity since COVID-19 low
Sales activity in the Perth metro region increased in July, according to REIWA president Damian Collins up 68 per cent compared to April across both dwellings and land sales.
Michael Keil of The Agency has had four properties sold, 15 bidders participating and over $1.7 million in real estate cleared in the space of 48 hours, thanks to the Openn Negotiation platform.
Available rental stock in Perth dropping at a rapid rate
The Real Estate Institute of Western Australia has revealed Perth’s rental stock has been quickly absorbed, with listings falling by 17 per cent in May.