'A year of recovery': Perth house prices edge up again
House prices in Perth have increased for two consecutive quarters for the first time since 2014, prompting cautious optimism from property experts....Perth’s subdued property market is seeing a glimmer of hope as house prices rebound for the second quarter in a row for the first time since 2014, a new report shows.
House prices edged up by 0.7 per cent to a median $537,013 in the December quarter, the Domain House Price Report, released on Thursday, reveals....
...Real Estate Institute of WA president Damian Collins said there were fewer properties on the market than there were this time last year, creating more demand from buyers.
“There are lots of buyers out there, and they’ve come out early this year,” Mr Collins said. “Agents are certainly optimistic.”