Macroprudential measures have had the desired effect, and the rate of home price growth has steadied.
While Sydney and Melbourne have been grabbing all the attention in recent years, Brisbane prices have just kept rising steadily and under the radar.
CoreLogic's index shows the median price for Brisbane & Gold Coast having increased by $61,330 or +13.1 per cent over the past three years.
Although I have long been sceptical about the somewhat parlous state of the South Australian economy, Adelaide mediabn prices have also increased by just shy of +10 per cent over the same timeframe.
Maybe there was a property crash and a speedy recovery, for all I know, not sure.