Brisbane Housing Market Update [video] | September 2018

The Brisbane housing market has remained relatively steady amidst the broader national downturn.

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

Dwelling values were virtually unchanged at 0.1% growth over the past three months and they are up three tenths of a percent over the first eight months of the year.

Housing values remain much more affordable relative to Sydney and Melbourne, however with values falling across the larger markets while they hold firm in Brisbane, this affordability advantage is likely to narrow going forward.

The Brisbane unit market has been the focus of much negative attention due to excessive supply levels, however recently Brisbane unit values have started to edge a bit higher, which may be a signal this sector of the market has bottomed out.

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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




Source: https://propertyupdate.com.au/brisbane-housing-market-update-september-2018/