The pace of capital gains has been accelerating across the Brisbane market since the COVID downturn a floor in September last year.
Local housing values were down 0.9% through the worst of the COVID period and have surged 7.0% higher over the past six months.
Like most of the other cities, the unit sector is recording a milder growth rate, with values up 2.8% since September last year compared with a 7.9% rise in house values.
The growth is occurring while advertised supply levels remain 27% below the five-year average.
Against this low supply, the number of home sales is tracking 8% higher through the March quarter than last year.
Brisbane inner-city house values have led the pace of capital gains, with values up 7.7% through the March quarter.
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National Housing Market Update [Video]
Perth Housing Market Update [Video]
Adelaide Housing Market Update [Video]
from Property UpdateProperty Update https://propertyupdate.com.au/brisbane-housing-market-update-video/
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