It’s been a steady start to the year for Brisbane’s housing market.
The Royal Commission hasn’t impacted prices too much, partly because borrowing capacity wasn’t so stretched in Brisbane beforehand.
But there certainly has been a noticeable impact on transaction volumes.
And this is giving rise to some opportunities for buyers without a property to sell.
Apartment construction and new approvals continue to slow, so the rental market has now been tightening for some time, after a period of elevated construction and rental vacancy rates.
I explain a few more of the latest trends in this short video:
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