Has the Perth property market reached the bottom of the cycle?
Friday, January 12th, 2018The Perth property market continues to experience subdued market conditions across most market sectors however the industry reports there appears to be more activity in the market place however no change in values. The latest Perth median house price report from the Real Estate Institute of Western Australia (REIWA) as at the 8 January 2018 indicates “Perth’s median house price was resilient in December, remaining unchanged at $525,000.” The Australian Newspaper reported on the 10 January 2018 “housing price growth is likely to reach a trough in the June quarter of this year and then pick up again, according to ...
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