Business
Queensland house prices ‘through the roof’ as interstate migration at 20-year high – ABC News
Brisbane house prices post the sharpest monthly increase since 2007 as values rise across Queensland. It comes as demographers report the highest increase in net…
The latest monthly data on Queensland home values has confirmed what buyers already know prices are booming.
Key points:
- This month marks the sharpest monthly increase in Brisbane house prices since 2007
- Experts say the rise is due to low mortgage rates and a shortage of housing stock
- Demographers say net interstate migration to Queensland is the highest it has been in 20 years
Figures released by property analysts CoreLogic showed prices grew in almost every region of Queensland in February.
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