Recent figures released by the ABS on dwellings financed show that the Queensland housing market is showing signs of recovery, 12 months on from the floods and cyclones of early 2011.
Total dwellings financed for owner-occupiers were typically down slightly over the month of January, however trend figures shows that numbers are on the improve. Dwellings financed for investment purposes are also continuing to trend upwards, as more buyers begin to feel that now really is the time to buy.
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By Yvette Burton, Research Analyst, REIQ