According to Investment Property Databank, between 2000 and 2009 residential property investment delivered annualised returns of 10% - almost twice the 5.9% delivered by commercial property. So can we expect a similarly strong performance over the next 10 years?
An average of the Nationwide and Halifax House Price Indices suggests house prices have rebounded by 9.7% since their low of June 2008, regaining over half the losses recorded during the correction. Full steam ahead then? Well, not quite. The recovery recorded by indices is based on the historically low levels of transactions and has not been uniformly felt across the country. Hometrack reports only 19% of postcodes are experiencing rising values. The recovery is also skewed towards family housing. The unifying factor is the availability of equity, with the recovery focused on areas a...
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