Brisbane house, unit prices surge as listings plunge
Brisbane's property market is rebounding strongly, with houses and units alike recording strong price growth, especially in the inner and middle ring suburbs.
While the pace of property price growth is easing nationally, Brisbane's continues to accelerate. (Image source: Shutterstock.com)
Brisbane continues to outperform the national real estate market
, as property prices in house and unit markets surged in July.Low housing stock and increased buyer activity are driving the upward pressure on prices across many parts of the city.
Interest rates remained steady in June and July, and inflation was lower than expected for the June quarter, suggesting the interest rate cycle may be peaking. This could boost consumer confidence in t…
