Canny homebuyers urged to say ‘buy buy’ to Perth’s housing slump

PHOTO: The first half of 2019 will be the best time for first home buyers to enter the market, or those wanting to upgrade. The healthy rental market of 2018 is expected to continue through the new year.

Canny homebuyers could be about to reap the benefits of Perth’s falling house prices, with real estate analysts predicting this year will be an ideal time to buy.

Big falls in home values across the metropolitan area over the past five years have made many suburbs more affordable, especially for first-homebuyers.

“It wasn’t that long ago when we couldn’t afford houses in our desired suburbs,” one real estate agent said. “Today, we can.”

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