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Pre-COVID doom and gloom a distant memory for WA’s hot housing market – WAtoday

According to housing statistics released on Tuesday by CoreLogic and the Real Estates Institute of WA, booming real estate sales activity is resulting in promising…

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According to REIWA statistics, properties were on the market for just 22 days in November, 17 days less than in November 2019, and the fastest rate properties have sold in Perth since 2006.
About 50 per cent of suburbs experienced an increase in median sale price, while 29 per cent saw it stabilised. Kelmscott was ground zero for the biggest median price increase at 7 per cent, followed by Hillarys at 6.8 per cent.
The ABS statistics reveal a 37.5 per cent increase in monthly building approvals…

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