Perth sales boom slows as supply improves
By Bianca Dabu
28 April 2021
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1 minute read
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Perth’s sales activity has continued its growth trajectory, albeit at a slower pace compared with the first quarter.
Sales activity in PerthPerth, TASPerth, WA has increased by 7 per cent to 979 transactions over the week ending 25 April, with unit sales outpacing house sales following growth of 13 and 11 per cent, respectively, new data from the Real Estate Institute of Western Australia (REIWA) has revealed.
This was the second consecutive week that sales activity across Perth has clocked an increase, following the double-digit decline (22.2 per cent) witnessed over the Easter long weekend.
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