GFC lingers in Qld
Real Estate Business Homepage ... Midwood Report author Bill Morris said unconditional sales in new developer high-rise apartments plummeted to just 47 in the Gold Coast, the lowest on the report's records since the November 2008 quarter, during the GFC. "High-rise developer stock on the Gold Coast has fallen substantially, from a peak of 1383 apartments at 30 November 2008 to 792 at 30 November 2010," Mr Morris said. "This is the result of some mortgagee stock being ...
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