Sunday, January 11, 2009

Prediction from RP Data

"2009 may also finally see the return of investors to the market. With 2008 seeing little to no value growth and rents continuing to rise, property investment is becoming more and more attractive with each passing month as yields improve and interest rates fall. Current market data shows that the cash rate is anticipated to fall below 3% by April 2009 and these much lower rates will translate into more and more properties representing positive cash flow opportunities. The significant falls on the share market witnessed during the last 12 months should also help to see investors return to the property market as they look to move away from the volatile share markets and return to bricks and mortar investment." Source, Property Pulse, 9 January 2009

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