Property analysts Urbis have predicted that there will be an apartment shortfall in Perth by 2020. Urbis director of economics and research David Cresp recorded sales of 341 apartments worth $200 million-plus for all of Perth in the three months to September 30, down from 390 in June quarter, and dramatically below the 644 a year earlier. “Sales are well down but new project launches have also been well down — the only project launched in the September quarter was LKD Develop