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Big four banks warn of capital city oversupply

Two major Australian banks have projected the effects of a supply-driven downturn in apartment prices in different capital cities.

Big four banks warn of capital city oversupply
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In a research note, ANZ explained that the sheer number of apartments set to come to market over the next 18-24 months is raising fears of oversupply and the possibility of corresponding price falls.

Read the full story at Nest Egg.

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