Property market update: Perth, June 2021
By Zarah Mae Torrazo
23 July 2021
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1 minute read
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Perth’s property market boom almost grinds to a halt in June, as growth in dwelling values in the Western Australian capital lagged behind its capital city peers. But some experts are optimistic about the city’s outlook in the coming months.
Perth’s property market failed to defy the seasonal winter slowdown, as the rate of growth in property values in the city eased in June.
A few factors that help to explain the decline in growth rate are an easing in the sales-to-listings ratio and trends observed in housing credit.
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