‘Only a matter of time’ before prices fall in Sydney: economist

Australia to have too many homes in 2017: report ‘Unprecented uncertainty’ down the line as number of home starts breaks 12-year record Australia’s […]

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8 February 2017 • 1 min read

Australia to have too many homes in 2017: report

‘Unprecented uncertainty’ down the line as number of home starts breaks 12-year record

Australia’s three biggest capital cities will all face falls in property prices as record levels of apartment building translate into an oversupply, economists claim.

cranes-on-the-skyline-of-melbourne-brisbane-and-to-a-lesser-extent-sydney-have-experts-concerned-about-an-oversupply

Cranes on the skyline of Melbourne, Brisbane and, to a lesser extent, Sydney, have experts concerned about an oversupply. Photo: Dominic Lorrimer

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