CoreLogic: Record apartment construction slamming rents

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By Leith van Onselen

CoreLogic has released its December Quarter Economic Review, which contains some interesting titbits on the housing market.

A highlight is the below chart showing that apartments under construction are hovering at record high levels, which has raised settlement risk:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.