Sunday, July 22, 2018

Brisbane Housing Market Update [video] | July 2018

Growth in Brisbane dwelling values has slowed over each of the past two financial years with an increase of 1.1% over the past twelve months.

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

 

The past year has been the weakest financial year performance since values fell by -3.6% over the 2011-12 financial year.

Although the rate of growth slowed, Brisbane housing values have increased over each of the past six financial years.

In a sign the Brisbane unit market is emerging from a period of sustained weakness, unit values were up 1.7% over the June quarter while house values rose by only 0.1% over the past.

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