Brisbane was one of the four capital cities to record a fallen values during July which has resulted in a slowing of the annual rate of growth for the city.
House values were down by 0.7 percent of the month and unit values read a larger two-point-three percent.
A similar trend could be seen over the past year with house values increasing by 4.1 percent and unit values rising at less than half the pace at one point nine percent similar to Melbourne.
Brisbane Gina market is likely seeing growth rates dampened by concerns around oversupply.
However, unit supply levels are generally confined to specific areas of the inner city where high-rise apartment project numbers have surged.
July marks the 50th month of the combined capitals growth cycle, which commenced in June 2012.
Over the cycle to date, capital city dwelling values have risen by 38.3 per cent.
Hobart, where the growth trend has recently accelerated, has been the next best performer with values rising 17.6 per cent over the growth cycle followed by Brisbane (17.4 per cent).