Election uncertainty affected Perth property market in March quarter
SPECULATION about the Federal election, now set for May 18, had an effect on the Perth property market in the March quarter according to Reiwa. Reiwa.com data shows there were 6,636 properties sold during that period. “Activity in Perth remains subdued, with sales volumes down on both a quarterly and annual basis,” president Damian Collins said. “With a federal election looming, it’s not surprising volumes haven’t picked up yet; elections are an uncertain time and typically h