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Brisbane Housing Market Update [video] | April 2018

The Brisbane Housing market has been treading water over first three months of the year, with dwelling values absolutely flat over the March quarter.

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

The sedate conditions have been evident for the better part of ten years, with dwelling values rising at the average annual rate of just 0.9% over the past decade.

Houses are showing a slightly better performance, with values up 1.8% over the past twelve monts, while unit values have drifted 1.4% lower over the past twelve moths.

The softer unit market is attributable to concerns around high supply in key inner city markets, however the construction cycle peaked back in 2016 and population growth is ramping up whicj\h will help to support an improvement in the unit markets performance.

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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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