Sales transactions were up 6.9 per cent in Perth last week, with REIWA members reporting 947 transactions. A closer look shows house sales increased by 2.1 per cent, unit sales increased by 16.3 per cent, and vacant land sales increased by 37.5 per cent. There were 5,968 properties for sale in Perth at the end of last week, which is 3.1 per cent lower than the previous week. This can be attributed to listings for houses decreasing by 4.1 per cent, listings for units remaining relatively stable and listings for land decreasing by 3.4 per cent. Last week’s total figure of properties available for sale is 10.1 per cent lower than levels seen four weeks ago and 29.2 per cent lower than levels seen a year ago.