The Urban Developer
Short-term conditions in the new-construction apartment market are likely to remain tough for developers, as the tail end of the last construction cycle is absorbed.
While market sentiment improved in this year’s third quarter, much like the outlook for Sydney’s apartment market, the JLL report forecasts a “stabilisation rather than a rebound” in the new construction apartment market.
Read the full article on The Urban Developer: https://theurbandeveloper.com/articles/developers-target-owner-occupiers-melbourne-apartment-market
