This Blog is designed to provide information about buying or renting apartments in Brisbane, Australia.
Tuesday, May 31, 2011
Supply Glut Growing in Brisbane
"Brisbane buyer are spoilt for choice as a record number of new apartments hit the market, with more on the way. There are more than 2500 new apartments for sale in the city, a rise of 15% in the three months to March..."
Colliers says "market imbalance" would get worse as more inner-city projects were scheduled for release int he second half of 2011.