Brisbane home opens, auctions busy but will this translate into higher prices?
Auctions and home opens are again drawing big crowds in Brisbane but will the Queensland capital overcome rising interest rates and low listing levels to end the price declines?
House values continue to decline more than unit values in Brisbane. (Image source: Shutterstock.com)
A higher volume of real estate buyers and the outperformance of units and townhouses over detached houses has marked the start of 2023 in Brisbane and marked a significant change from the end of last year.
The return of a semblance of urgency for some properties has raised the question of whether this is just pent-up demand that will return to a simmer, or does it mark a more significant turning point in the market?
It’s early days and there is…
