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1.Market Observations, 8.Was Sticky

1 Apr 2017 (AFR) – Dodging a bullet? No busts so far for risky units – Brisbane, Melbourne apartment markets avoid armageddon

(1 April 2017, AFR, p5, by Michael Bleby)

‘Brisbane and Melbourne, the two cities most at risk of an oversupply-driven slump in apartment prices, have dodged a bullet – for now, at least.  Predictions as far back as 2013 that the two cities were building more apartments than they could absorb and would be swamped by a wave of settlement failures have so far failed to realise. ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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