After several false dawns, Perth's housing market may finally be on the cusp of a recovery

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Real estate agents say a tightening in Perth's rental market may point to a broader housing recovery, driven by a turnaround in population growth.

"The demand is certainly building in those sectors and it'll be interesting to see whether there is enough stock at that end of the market to supply the interest.

Earlier this week, Moody's Investors Service released a report which showed Perth's median house price fell 4.3 per cent in the year to September, the largest fall of any capital city.But Ms Joyce said the rate of decline in house prices had slowed and that, combined with signs of recovery in the rental market, may bring investors back to the market.

 

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I feel I’ve heard this before

If I had a mortgage payment for every time a real estate pundit assured us “we’re over the worst now” I wouldn’t still be renting

After being regional.

Says a realestate company

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