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Brisbane Housing Market Update [video] | May 2018

The Brisbane housing market has remained relatively flat over the first four months of the year.

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

 

Dwelling values are down 0.1% so far this year, in essence a flat result.

The Brisbane unit market is been under a lot of focus due to high supply levels across key inner city suburbs, and overall, Brisbane unit values remain almost 12% lower than where they were ten years ago.

Despite the long term weakness, Brisbane unit values have edged higher over the first four months of the year, rising 0.1%.

While it`s probably too early to signal the local unit market has turned a corner, it`s important to note that unit construction activity peaked almost two years ago and new supply additions are now tapering as population growth picks up.

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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


'Brisbane Housing Market Update [video] | May 2018' have 2 comments

  1. Avatar for Property Update

    May 24, 2018 @ 2:08 pm Rosyv

    Lies, damn lies and statistics!

    Reply

    • Avatar for Property Update

      May 24, 2018 @ 6:34 pm Michael Yardney

      Intersting comment Rosyv. what do you think is happening in Brisbane?

      Reply


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