The monthly CoreLogic Hedonic Home Value Index reported a further rise in the value of capital city dwellings in February, with values rising 1.4% over the month.
The monthly CoreLogic Hedonic Home Value Index reported a further rise in the value of capital city dwellings in February, with values rising 1.4% over the month.
Brisbane’s housing markets saw a dip in dwelling values over the month with corelogic index slipping 0.4% across both the House and unit markets.
The longer trend of result indicates the Brisbane housing market is seeing only modest capital gains, which confined to the detached housing sector.
House values were 2.7% higher in the past 12 months while unit values fell by 2.1%.
With a median house price of $485,000 Brisbane isn’t facing the same sort of affordability challenges Sydney or Melbourne, however the lower cost of housing have been enough to spur growth rate higher.
No comments:
Post a Comment