Perth house prices are on track to rise faster than any other Australian capital city in 2021, thanks to a strong economy, a tight rental market and the state’s response to COVID-19, according to property experts.

Urban Development Institute of WA chief executive Tanya Steinbeck said Perth’s extremely tight rental market due to a lack of residential supply was likely to have an impact on the market in 2021, driving demand from investors and owner occupiers alike.

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