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✉news BusinessReal Estate first seen 11 h ago, last 2 h 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

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