Perth property sales soar to highest level in seven years
TueTuesday 15
updated
WedWednesday 16
DecDecember 2020 at 2:37am
Established home sales in Perth have soared over the past three months to near 2013 levels.
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Perth housing sales have surged to their highest level since the city s last property boom seven years ago, partly due to a tightening of supply and buyers flocking to the COVID-19 safe haven of Western Australia.
Key points:
There was a 29 per cent increase on the same period last year
Analysts say sales activity could heat up even further in 2021
In the three months to November, established home sales in Perth were 29 per cent higher than in the same period last year, according to data from the Real Estate Institute of WA (REIWA).