After values fell almost 1%, the past two month have seen Brisbane housing values rising.

You can also check out the local reports for Melbourne and Sydney.

The recent increase has pushed dwelling values to a new record high, although we are still seeing some divergence between Brisbane house and units in terms of growth.

Unit values actually slipped 0.1% lower in October and remain 12% below their 2010 peak.

Sales activity has also shown a lift with our estimate of settled sales rising almost 10% over the month.

In trend terms, the number of home sales across Brisbane is still about 1.6% lower than a year ago,

The rise in sales activity can also be seen in the extremely low number of homes available for sale across Brisbane.

Total listing numbers have drifted lower despite an almost 80% rise in new listing numbers since early May.

Brett Warren
About Brett Warren
Brett Warren is Director of Metropole Properties Brisbane and uses his 13 plus years property investment experience to advise clients how to grow, protect and pass on their build their wealth through property.

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