As always, the start of a new year brings with it predictions for the Australian property market. As can be shown by the graphs from BlueNotes ANZ and a recent presentation by Bill Evans (Chief Economist, Westpac), the Brisbane market reads very consistently. The Brisbane property market is neither above nor below trend and shows minor growth. This is just the sort of predictions we wish to see for the coming year.
Brisbane shows growth, but is neither above nor below trend in this graph from BlueNotes ANZ:
Brisbane shoots straight down the middle in this graph from Westpac: