WA’s property market shows resilience as demand remains strong

The state continues to buck negative trends seen elsewhere in the country

Rental markets remain tight, but there are signs of pressure easing

Enquiries on rental properties are starting to decline across the country, which could be a welcome relief for renters.

Available cheap rentals hits new lows

The number of rentals below $400 per week is very scarce, with the pressure unlikely to lift any time soon

RBA hikes rates by 25 basis points, signals more to come

The first rate hike of 2023 means the official cash rate is now 3.35 per cent

Buyers undeterred by lockdowns, but new listings are down

It’s still very much a seller’s market, according to REA

Housing supply still not meeting demand

Buyers and renters continue to face limited choice

Winter fails to cool the housing market

Sales remain steady and are 60% higher than in 2020 and 2019

More Australians seeking energy-efficient homes

Most listings, however, don’t disclose energy ratings

New national listings fell in April

Still the second-highest number of monthly new listings since late 2019

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