Perth had recorded six consecutive months of price growth before the pandemic interrupted its recovery, with CoreLogic reporting a 0.6 per cent fall in dwelling values in May. CoreLogic’s Eliza Owen noted the state had less exposure to the industries hit hardest by COVID-19 and that total listings were down almost 35 per cent on a year earlier. REIWA said 64 per cent of suburbs held or improved their median house price.
Reported by
Bianca Dabu, Smart Property Investment, 11 June 2020
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