Sustainable Growth Of Brisbane Listings
CoreLogic has recently released a report showing housing listing data across the country.
Where Sydney and Melbourne seem to be experiencing an oversupply of stock that's creating a buyer's market, Brisbane levels are sitting comparatively lower with just 5.7 per cent more stock than the same time last year.
The report noted that while Brisbane does have close to 3,000 listings more than the same time last year, it's not a sign for concern. House values are rising at a pace lower than inflation and wage growth. These factors create a healthy level of affordability and combines with incoming migration demand that will keep the Brisbane market balanced throughout this year.
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