Rising apartments could make prices drop in some cities
A block of residential apartments in Sydney (AAP) Source: AAP
A rush of new apartments coming onto the market could put pressure on prices in some parts of Australia's biggest cities. It comes as Australian Bureau of Statistics figures show building approvals rose more than 3 per cent in February, driven by a nearly 8 per cent rise in apartments. Where the apartments are going up will be critical to prices.
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