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We've stopped believing what they say about house prices

House price inflation has already blown through the forecasts put out by the Reserve Bank and Treasury last week. Buyers and voters have stopped believing all the warnings about potential house price falls and higher interest rates, writes Bernard Hickey.

This story was originally published in B ....

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Revealed: Qld's richest real estate suburbs, regions

Revealed: Qldâs richest real estate suburbs, regions
CoreLogic has revealed Qld s priciest suburbs. Clockwise (from top) 12 Malcom st, Hawthorne; 281 Grassdale Rd, Gumdale; âTarranalmaââ, Clayfield; the Roberts family outside their Alice River house near Townsville.
Property
Brendan O Malley
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With house prices on the rise, Queensland is in the midst of the kind of real estate boom that hasnât been seen in years.
CoreLogic Head of Research, Eliza Owen, said the nearly unprecedented surge in values had been driven by multiple factors.
âDemand has been particularly strong across the house segment, where quarterly growth in Brisbane house values (6.2 per cent) was more than double that of unit value increases (3 per cent),ââ Ms Owen said. ....

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Rental crisis warning as vacancy rates tighten across state

A severe shortage of rental properties has created a looming crisis for Queensland tenants with less than one per cent of stock available across the majority of the state.
Data released by the Real Estate Institute of Queensland (REIQ) shows there is just 0.3 per cent of rental properties on the market on the Sunshine Coast and a mere 0.7 per cent on the Gold Coast.
Rental properties are just as scarce in regional areas with 0.4 per cent availability in Bundaberg and 0.7 per cent in Toowoomba, Mackay and Townsville.
Ray White Surfers Paradise CEO Andrew Bell said, with more than 600 properties on their books, they were the biggest rental agency on the Gold Coast and had a massive waiting list. ....

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