Less than 10 weeks of listings remaining in WA’s property market
As vaccination has become the national health priority with most of the country living under some form of lockdown, WA has weathered the pandemic well recording a budget surplus of $5.6billion and positive economic activity resulting in a positive but cautious residential property market.
WA still the most affordable state for housing and rentals - REIWA
Despite strong market conditions, Western Australia is still the most affordable state for housing and rentals, according to the Real Estate Institute of Australia’s (REIA) latest Housing Affordability Report.
The Perth suburbs that have reached their highest median house sale price on record - REIWA
The recovery of the Perth property market continues to gain momentum, with reiwa.com data revealing 20 suburbs have now reached their highest median house sale price on record.
Perth dwelling value increases 0.6 per cent in October - REIWA
Perth’s residential housing market has experienced growth in October, with CoreLogic’s Home Value Index increasing 0.6 per cent when compared to September.
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.
Realmark star performer Ryan Smith stole the show at the REIWA awards last weekend, taking out the Number 1 position for Top WA Listing Rookie of the Year.
