Brisbane Housing Market 2012

According to APM, “Brisbane was the worst performer of all capital city markets in 2011 with median house prices down nearly 7% over the year ending October. A significant contributing factor were the devastating floods experienced in January 2011. The Brisbane housing market is set to revive in 2012 off the back of the Queensland resources boom. Dwelling shortages, population increases, rising incomes and the improvement in confidence should contribute to a recovery in buyer activity. Brisbane has the clear potential of double digit growth in median house prices over 2012.” The Home Loan Company can help you find the right home loan.