04/06/2026
May Market Update: The time taken to sell a property in Perth has nearly doubled in the past three months.
REIWA President Suzanne Brown says the market had eased over the past two months. An increase in new listings, shifting buyer sentiment and three consecutive rate rises have given buyers more choice and made them more discerning.
“As a result of these changes, properties are taking slightly longer to sell,” she says.
“Conditions vary from suburb to suburb, so if you are thinking of selling, I recommend you speak with your local REIWA agent about market activity in your area.”
Read the full report: https://bit.ly/4dUvcvC