The news is grim for Brisbane apartment vendors, with a deluge of new apartments scheduled to hit the market over the next two years, putting further pressure on an already over-supplied Brisbane market. From The Australian:
Unit supply in greater Brisbane is scheduled to grow by 20.4 per cent over the next two years, with 39,420 apartments and townhouses hitting the market, according to researcher CoreLogic, including 15,650 over the next 12 months.
