Queensland real estate market still has a steady pulse
Speculation surrounding the health of the Queensland property market may have been too quick to diagnose it as in decline, with the latest quarterly sale results showing many areas still in a growth phase.
The unit market across Queensland has taking a sizeable hit in the past quarter. (Image source: Shutterstock.com)
Property prices continue to rise across Queensland, albeit at a more modest pace, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ) on Thursday (25 August).
The June 2022 quarter (April – June 2022) revealed that Queensland’s median house prices rose by 3.61 per cent, while median unit prices still inched up by 1.59 per cent.
REIQ CEO Antonia Mercorella said the latest quarterly results showe…
