Oz Blog News Commentary

Apartment market disintegrating

March 15, 2019 - 10:00 -- Admin

From a UBS property round table yesterday: What we are seeing now is that apartments are increasingly out of the money. That’s where you get settlement issues. What’s happened to buyers now as they come to settlement, is bank valuations might come in 10 per cent or even 20 per cent below the contract price

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