Friday, June 1, 2012

May sees continued drop in Perth house prices

Another month goes by and another set of figures are released. RP Data-Rismark announcing that Perth continues to be the one of the worst performing capital cities in Australia with a 1.7% drop in median house prices in May to $460,000.

However, there is definitely an increase in sales activity with sales increasing 24% during the last two months and the number of properties for sale dropping to 13,000 which is near the ideal 12,000 properties according to REIWA. Are you looking for a home in Perth?

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