Home values continue to trend higher across Brisbane, but the pace of gains has noticeably cooled.
January’s 0.3% rise was the smallest since February of 2023 as higher stock levels, lower population growth and affordability constraints support a slowdown in conditions.
The softer conditions are most evident across higher price points, with upper quartile dwelling values flat in January while lower quartile values rose by 0.6%.
Slowing housing market conditions can also be seen in vendor metrics where homes are selling in a median of 27 days, up from just 18 days at the same time last year.
Brisbane house prices graph
Source: CoreLogic
You may also want to read: National Housing Market Update
