Australia’s recent housing market weakness has been attributed to a lack of demand, and not a glut of new supply coming onto the market, says the nation’s largest mortgage lender.
Demand weakness was the trigger for falling prices, rather than a supply glut as was the fear in 2017-2018 according to new research from the Commonwealth Bank of Australia.
Click HERE to read the full article published by The Urban Developer on 26 July 2019.
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