The REIWA is proposing the WA state government reintroduce a $3,000 first-home owners grant for purchases of established homes, says Hayden Groves, president of the REIWA.
It takes around 70 days to sell a property by private treaty in Perth, says Hayden Groves, president of the REIWA, but sellers who go to auction are achieving sales in as few as 28 days.
Pace of decline in Perth property prices steadied in June quarter
Though 54% of sellers had to lower their asking price in the three months to June, the size of the discount has levelled out at 6.5%, preventing the median price from falling futher.
Perth leasing activity jumped 32 per cent in May, after the Easter and ANZAC Day holidays slowed down the market in April, says Hayden Groves, president of the REIWA.
House prices in regional WA rise for second quarter in a row
Mining towns Karratha and Port Hedland recorded the highest rates of growth in regional Western Australia during the March quarter, as iron ore prices staged a recovery.
As Perth market stabilises, where are the most affordable suburbs?
As Perth's property market stabilises after some tough years in the wake of the downturn in the mining sector, we take a look at where the best value lies in the nation's western capital.
