✉news BusinessReal Estate first seen 6 h ago, last 43 min ago, peak #34
Brisbane houses 61% overvalued, says AMP economist Shane Oliver
Original: Brisbane houses 61% overvalued: AMP's Shane Oliver
AMP chief economist Shane Oliver says Brisbane houses are about 61% overvalued, flagging the Queensland capital as one of Australia's most stretched property markets. The estimate adds to debate over whether Australian home prices can hold up amid high interest rates, with analysts divided on how sharply values might correct from current levels.
Why now: Concerns about an Australian housing correction and affordability are resurfacing.
BrisbaneAMPShane OliverAustralia
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 43 min ago.
Evidence
- Brisbane houses 61% overvalued: AMP's Shane Oliver · propertybuzz.com.au
- Brisbane houses 61% overvalued: AMP's Shane Oliver · propertybuzz.com.au
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