Perth markets humming as WA emerges from lockdown

Perth’s residential real estate market appears to have resumed its recovery as Western Australia emerges from lockdown, with weekly sales passing 1,000 for the first time since 2013 and the state government’s fast-tracking of planning reforms paving the way for a quick uptick in development activity.

Prior to the COVID-19 crisis, Perth’s property market had recorded four consecutive months of increases in median house price, its longest stretch …