✉news BusinessReal Estate first seen 12 h ago, last 3 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, according to his assessment of Australian property prices. The claim adds to debate over whether Brisbane's housing market, which boomed in recent years, is due for a correction as high interest rates weigh on affordability.

Why now: Concerns about an Australian housing correction are intensifying as prices stay high amid elevated interest rates.

BrisbaneAMPShane OliverAustralia

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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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