BRISBANE real estate prices are expected to stay growing even as Sydney falls backwards

 

PHOTO: UNCERTAIN TIMES: Melburnians and Sydneysiders moving north may protect the Brisbane real estate market from going backwards. Photo AAP/ Ric Frearson

A BIS Oxford Economics report on the Australian real estate market released today showed that Queensland might weather the storm of the current market slowdown.

The Residential Property Prospects 2018-2021 report predicts that the Brisbane market will grow modestly over the next two years.

Co-author of the report Angie Zigomanis said the modest predicted growth in Brisbane was much better than what would happen in the Sydney.

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