There are plenty of positive signs that the WA economy is starting to pick up and for buyers, this means that now is a great time to build the home of your dreams.
Signs of improvement include jobs growth just off its strongest level in five years, the population growing at its fastest rate in two years and job vacancies last year out-performing all other states and territories.
This is great news for the state and we’re anticipating those positive signs will transfer through to the property market.
As interest rates remain low, reports of renewed buyer confidence continue to increase amid early signs of an improving economy.
CoreLogic, one of the nation’s leading property analysts, says dwelling values are starting to improve: read more.
Meanwhile, the Real Estate Institute of Western Australia believes the bottom of the market may have been reached: read more.
These healthy signs of recovery follow six months of a stabilising housing market, a growing number of buyers looking to upgrade and new residential housing investments that all create a compelling scenario for those looking to buy a new home in Perth this year.