House prices take another hit - The West Australian

In Perth, the median house price dropped another 0.8 per cent in July to be down 2.6 per cent over the past three months, to $485,000.

House prices take another hit - The West Australian

Softening Demand & Softer Prices & More Property for Sale - REIWA

Buyers are back in the driving seat according to the Real Estate Institute of WA’s June quarter property market results.

The Perth median house price fell 2.5 per cent to $490,000 from the revised March result of $502,500. REIWA President Alan Bourke said, “Perth's median house price dipped back below the $500,000 mark to $490,000 in the preliminary June Quarter results, but remains almost 9 per cent higher than at the same time last year.”

Softening Demand & Softer Prices & More Property for Sale - REIWA

Property price plunge for Perth

The fourth survey of Perth property prices in little more than a week has proved to be among the most pessimistic of them all.

The Real Estate Institute of WA's June quarter results show the median price in the metropolitan area fell 2.5 per cent, to $490,000 on the March figure.

Property price plunge for Perth - WA Today

Rate rises blamed for property woes - The West Australian

Perth's property market has come to a skidding halt, with the latest industry data showing sales are at their lowest level since December 2008, median values have fallen and most vendors are dropping their asking price.

Rate rises blamed for property woes - The West Australian

More sellers cut prices as oversupply bites - The West Australian

Latest figures from the Real Estate Institute of WA show 61 per cent of WA vendors are reducing the original asking price of their homes by an average of 5.8 per cent.

More sellers cut prices as oversupply bites - The West Australian