REIWA updates it’s market snap shot on a week by week basis based on the amount of properties listed and sold in and throughout Perth as well as the amount of rental properties available for rent.
There seems to be a quite a difference in the amount of listings and rental properties available now and this time last year.
What does this mean? Are more people selling and either moving on or upsizing or downsizing? Or are more people buying investment properties because of the low interest rates available at the moment?
Take a look at the breakdown of the data for the week ending Wednesday 25th March;