House prices stall, units feel the pinch
The latest House Price Report from Real Estate group Domain shows falls in Brisbane house and unit prices over the March quarter. Domain Group data shows the median house price in Brisbane fell marginally by 0.7 per cent to $484,374 over the March quarter, contributing towards and annual increase of just 2.8 per cent. Meanwhile, the median unit price fell sharply by 2.3 per cent over the quarter to $354,246. Over the year ending March, unit prices in Brisbane decreased by 3.8 per cent. Dr Andrew Wilson, Senior Economist, Domain Group, commented; “Brisbane’s recent housing market revival stalled over...
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