Brisbane housing values moved through a 25th month of consistent growth in February, but the 0.2% monthly gain was one of the smallest of the cycle to date.
The rise was mostly supported by a 0.7% lift in unit values, while Brisbane house values were unchanged over the month.
Similarly, the upper quartile of the market has been the main drag on growth, with values falling 0.2% in February, compared with a 0.7% rise in values across the lower quartile of the market.
Over the past five years, Brisbane dwelling values have surged by 69.7% or by around $367,000, fuelling affordability and serviceability challenges that are likely to be deflecting demand towards the lower price points of the market.
Brisbane house prices graph
Source: CoreLogic
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