It was a year that promised so much, but probably under delivered in the great Southeast.
A look back at our predictions from February reveals most pundits were keen to see a stronger market after a somewhat deflating 2015 – but despite others saying 2016 would be Brisbane’s year, Herron Todd White’s outlook was more drab. No matter how we dressed it, there was no way to create a buzz. In fact, here’s a direct quote from our February 2016 publication:
We’ve now taken the real-estate temperature and are ready to predict the coming year’s market direction… and the winner is (drum roll please)… MODEST!
Words like “unexciting” and “steady” followed on from that quote – but we call them as we see them!
Beyond the flat generalisation, we also took a look at our market nuances to see what else could be said, and our expert calls on the various sectors were more interesting.
Click here to view the December 2016 edition. Skip to page 40 to read more about growth in the Queensland market.