Don't expect the next quarterly report card to be all roses. Unit developers are starting to go broke because customers who have bought off the plan cannot or will not complete. A falling interest in new units with the fire safety problems, cracking concrete etc. has led to price falls and buyers getting bad news from banks about underwater prices and much bigger deposits required. Contracted price now commonly well above sale value.
A local supplier of hardware to the roofing industry reports a very sharp fall in sales.
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