Investors to keep pushing up Brisbane house prices
Growth stayed strong in Brisbane’s residential market in September, with a fundamental imbalance between supply and demand being exacerbated by low mortgage rates and rising interest from investors.
A big rise in investor enquiry is likely to keep pushing up prices in Queensland's capital. Photo: Shutterstock (Image source: Shutterstock.com)
Growth stayed strong in Brisbane’s residential market in September, with a fundamental imbalance between supply and demand being exacerbated by low mortgage rates and rising interest from investors.
According to CoreLogic data, total advertised stock in Brisbane is still 28.7 per cent lower up to August 29, compared to the equivalent period last year.
Although new listings over the same period are 8.3 per cent higher in Brisbane, the rapid …
