Record house prices tipped to soar even higher as sellers go missing

Monday February 01, 2021

House prices would continue to grow beyond the current record levels because buyers now faced a severe shortage of properties for sale, according to CoreLogic.

Rising house prices are set to soar further with sellers hard to find (ABC photo).

Its report for January said buyer demand was outpacing new stock additions to the market and this would mean “upwards pressure” on house prices.

Brisbane’s house prices rose 0.9 per cent in January but that was nothing compared to the 1.6 per cent in regional Queensland. On an annualised rate those figures would…

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