Thursday, August 5, 2010

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

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