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Apartment oversupply in the Melbourne market could be coming to an end with a booming population and a slowdown in the number of new residential buildings in the capital, according to a report by Domain.
Things are looking up for Darwin's residential property market, with its median house values rising by 1.8%, making it the first increase in more than 15 months, according to the Real Estate Institute of the Northern Territory’s Local Market Report for March.
The Australian Prudential Regulation Authority (APRA) has proposed easing mortgage-lending criteria.