Sizzling Perth Housing Market

Fast sales and high demand continued, resulting in active buyers having their offers rejected if their offers were non-competitive. Perth’s property market has remained hot, with homes selling in days, low stock and hesitant sellers driving competition, prompting buyers to act fast or risk missing out. All these factors contributed to the short supply across Perth.

 

It is expected that property sales would remain busy following the introduction of the First Home Guarantee, but it is too early to make predictions. “You have got to be on it every single day, otherwise the people that are checking daily are going to beat you to it”.