DOES A SLOWDOWN IN THE SYDNEY HOUSING MARKET NECESSARILY MEAN A PICK-UP IN BRISBANE?
The Sydney housing market is starting to slow following more than five years of strong increases in dwelling values. As the Sydney market slows there could be some upside for other housing markets where capital gains have been more sustainable and rental yields are higher. Australia’s third largest city, Brisbane, has recently garnered more attention as a candidate for improved housing market conditions. In this week’s blog we look at the historic relationship between housing market growth in Sydney and Brisbane in order to determine whether the slowdown in Sydney could translate into an acceleration in Brisbane.