Business
WA property market poised for boom with house prices forecast to rise by up to 10 per cent – ABC News
House prices in Western Australia are predicted to surge between 6 and 10 per cent over the next year amid market conditions not seen since the peak of the mining…
House prices in Western Australia are predicted to jump between 6 and 10 per cent over the next year amid market conditions not seen since the peak of the mining boom.
Key points:
- Property sales activity in Perth has risen sharply and listings have fallen
- That is putting upward pressure on house prices
- It is also impacting the rental market, with rents forecast to jump
A Real Estate Institute of WA (REIWA) outlook for 2021 indicates the WA property market is poised for “steady growth” in both the…
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