Brisbane Business News has just published an article showing a worrying trend for apartment developers with commencement of new product down almost 13 per cent in the last 12 months.
“. . . While the January floods have increased new housing construction in Queensland in the March quarter, demand for unit and townhouse sales decreased 15 per cent.”
Visit Brisbane Business News to read more . . .
http://www.brisbanebusinessnews.com.au/article1961/APARTMENT%20STARTS%20AND%20SALES%20TUMBLE.html