Stabilising National Market
Results at the end of the March shows house prices across the country are gradually stabilising.
According to CoreLogic's national hedonic index, the month-on-month decline has been easing since the start of 2019 with Brisbane seeing a 0.6 per cent change in March, the lowest decrease in the past four months.
Median prices have only dropped 1.6 per cent in the Brisbane market since it peaked two years ago, only a fraction compared to the national decrease of 6.9 per cent. Despite the uncertainty, the market has still seen a 9.9 per cent increase in dwelling values in the past five years.
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