The Perth housing market saw values slip a little lower in September, down 0.6% over the month to be 2.8% lower over the year.
CoreLogic has released their newest housing market update for October 2018.
Although values are still trending lower, many of the other metrics are now pointing in the right direction for Perth.
The average selling time is gradually reducing, falling 73 days from 77 days a year earlier and vendors are discounting their asking prices by a ledder amount.
Additionally, advertised stock levels are now well below their 2016 highs.
A reduction in available housing stock is another sign that buyers and sellers are becoming more evenly balanced as Perth housing prices find a floor.
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NATIONAL HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2018
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