People have different reasons for moving into a new place and a new house—sometimes it’s a conscious decision, sometimes it’s out of necessity. A job promotion, diminishing family income, the loss of a loved one, a divorce—some families just don’t have the luxury of staying in the same place forever. If you’re planning to move to Perth, there may be some more good news for you.
According to an ABC news article, real estate prices in Perth have dropped slightly, thanks to an 11 percent dip in sales compared to 2014’s first quarter. Real Estate Institute of Western Australia (REIWA) president David Airey commented that the Perth market was much quieter than expected during the summer period, and that a greater number of people are deciding not to buy. “…there’s a lot of homes on the market that are remaining unsold so that has reduced sales activity,” he adds.