Licensed Valuers & Property Valuation Consultants, Perth, Western Australia
Independent licensed valuers & Property valuation consultants
Established 1984 | Expert Valuation Advice | Licensed Valuers

Residential property market declines

Thursday, October 8th, 2015

The Perth residential property market is in a decline phase with the median house price falling from $550,000 in March 2015 to $540,000 in June 2015 according to Real Estate Institute of Western Australia (REIWA). Our enquiries to residential real estate agents within the Perth metropolitan area are indicating reduced interest in properties listed on the market for sale, properties are taking longer to sell and there are is increased number of property listed on the market. The latest REIWA Statistics for the first week in October 2015 are indicating there are 15,198 properties listed on the market for sale ...

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