✉news BusinessReal Estate first seen 5 h ago, last 1 h ago, peak #34
AMP economist says Brisbane houses 61% overvalued
Original: Brisbane houses 61% overvalued: AMP's Shane Oliver
AMP chief economist Shane Oliver says Brisbane houses are 61% overvalued, a striking assessment of Australia's property market after years of rapid price growth. The claim adds to debate about how stretched Australian housing has become, with Brisbane singled out among the most expensive cities relative to fundamentals. It is likely to fuel discussion among buyers, homeowners and analysts weighing whether prices can hold.
Why now: Australian house prices and affordability remain a live national concern, so a senior economist calling Brisbane 61% overvalued draws wide attention.
Shane OliverAMPBrisbaneAustralia
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- Brisbane houses 61% overvalued: AMP's Shane Oliver · propertybuzz.com.au
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