Monthly Hours Worked In this newsletter we will cover the latest weekly real estate statistics and the latest employment figures. Sales remained relatively stable over the past week with Perth recording 1010 sales, again just over the 1,000 mark. House sales decreased by 4%, while units sales increased by 11% and vacant land increased by…
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Latest REIWA Statistics Sales activity jumped back up 10% this week to 1,020, pushing back through the 1000 mark again. The increase was driven by a 13% increase in house sales, 17% increase in unit sales but a 16% decrease in vacant land sales. Sales activity was strong again this week and although it may…
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ABS Data This week we will review the real estate data over the past fortnight, Corelogic’s December quarter rental report and ABS data regarding loan commitments and property valuations. Over the past two weeks sales have continued to rebound strongly after the Christmas/New Year period. For the week ending the 17/01/2021, sales increased by 10%…
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Gross Domestic Product This week we will look at the tightening real estate data for Perth and the September GDP figures. Sales this week recorded above 1000 for the second week in a row. The 4% increase to 1074 sales was driven almost exclusively by a 44% increase in vacant land sales signifying the government…
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Perth Growth Number 1 Nationally This week we will be focusing exclusively on the latest real estate data reviewing rental listings, sales, listings and Corelogic’s November home value index for Perth and the other capital cities. Rental listings remained steady at 2,875 this week and have been around this mark for a couple of months.…
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Perth Vacancy Rate October’s residential vacancy rate in Perth has slightly lowered compared to the previous month and now sits at 0.95 per cent, which is close to the 40 year low of 0.8 per cent reached in 2007. This comes at a time when low levels of investor finance demand is being recorded in Western Australia.…
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