Reiq_-_2022_jan_to_aug.zip ❲DELUXE · PICK❳
: Regional centers like Rockhampton , Mackay , and Gladstone were standout performers, with median days on market as low as 11–13 days .
: New obligations for sellers to install smoke alarms in compliance with regulations that commenced on January 1.
: Early 2022 saw explosive annual growth, with some regional house values like the Gold Coast climbing 36.3% in the year to January. By August, the REIQ described the market as easing from a "sprint to a run," with the quarterly growth starting to calm after hitting 20–30% year-on-year peaks in several areas. REIQ_-_2022_Jan_to_Aug.zip
The reporting for the period of January to August 2022 captures a pivotal shift in the Queensland property market. This timeframe began with "steaming ahead" growth and record-low vacancies, transitioning toward a more cautious "run" by August as interest rate hikes began to take effect. Market Performance & Trends
: New commercial contracts were introduced on July 21, 2022 , to mirror the residential changes and ensure state-wide consistency for commercial land and buildings. : Regional centers like Rockhampton , Mackay ,
: A new clause allowed either party to request a short extension if a financier was delayed.
: While the capital city remained a major focus, surrounding areas like Ipswich and Logan saw higher quarterly growth rates than the Brisbane LGA during the cooling period toward August. REIQ update from the CEO: 24th August 2022 By August, the REIQ described the market as
: On January 20, 2022 , new editions of the REIQ residential contracts were released. Key updates included: