Bottoming Out… Are Brisbane’s Property Prices Now as Low as They Can Go?

Herron Todd White May 2012Many perceive that Brisbane property prices have gone as low as they can and this has been confirmed in the latest Herron Todd White May 2012 Month in Review and National Property Market Report.

Our office certainly has recorded massive growth in our results for the first four months of this year compared to last year. Perhaps this is confirmation that buyers believe it’s time to act before prices increase?

I am not expecting massive changes in prices in the near future but would say to buyers the market is obviously at a low point and the only real way to pick the lowest point is when you have missed it! So if you are looking to buy now is a good time to do so!

Read the full report on what’s happening across the nation here:

http://propertysalesbrisbane.com/wp-content/uploads/2012/05/Herron-Todd-White-Month-In-Review-May-2012.pdf

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