Summarize this content to 2000 words in 6 paragraphs Perth has the hottest property market in the country, according to RP Data’s August housing report. The west is bucking the national trend of dwelling prices easing, instead recording a 6.2 per cent increase over the past three months. WA dwelling values continue to go up. Credit: RP Data In the past year, the median price of a property in WA has increased by 24.7 per cent to a record high. And homes are selling the quickest in the country, in an average of just 10 days compared to the national city average of 28 days. It’s a similar story for the rental market, with WA recording the fastest increasing median rental price. According to REIWA, WA’s median house price is $677,500 and the median rent is $650 a week.
