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Tag Archives: Interest rates
Perth property market continues to soften as listing stocks balloon
In a sign of continuing market weakness the number of residential properties listed for sale in Perth jumped considerably last week. Total listing stock now stands at 16 309, up by 288 on the previous week. Just four weeks ago … Continue reading
Perth Property Market Sales Volume Falls Sharply
Sales of Perth residential properties fell sharply in the last week with a 831 sales reported across the metro area. That’s around 20 percent lower than the 1050 recorded 4 weeks ago but still well up on the sub-600 sales … Continue reading
Median Price Suburbs Brace for Bad Real Estate News
Perth is currently the worst performing capital city in Australia. In the three months to the end of August property values here fell by a touch under 5 percent. That’s a lot! RP Data claim that it’s the top end … Continue reading
First home buyers drop out of the market
The First Home Owner Grant data released by the Office of State Revenue today indicates a dramatic fall in first home buyer activity since December last year. At the end of last year the Federal cash boost for first home buyers was … Continue reading