Brisbane Housing Market Update [video] | October 2018

The Brisbane housing market remains in positive growth territory with dwelling values reaching a new record high in September.

Core Logic has released their newest housing market update for October 2018.


Despite the consistent capital gains, the pace of growth has slowed over the past twelve months.

A year ago, dwelling values were rising at the annual pace of 2.9% and the rate of growth has since slowed to just 0.8% over the twelve months ending September 2018.

House values and unit have recorded a simmilar annual growth rate, however unit values remain 10.5% below their 2008 high.

The previously weak conditions across the unit market were due to high supply levels across the inner city areas of the city.

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About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


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