Sunday, January 4, 2009

Stockland Residential Outlook December 2008

Stockland reports that:
  • The top end of the residential market is very soft.  Very fragile, and oversupply issues.
  • First home owner segment stronger due to interest rate cuts and government grants
  • Choice between owning and renting starting to favour owning, as rents are rising and interest rates are falling
  • Investors returning to the market due to interest rate cuts, rising rents and poor stock market performance.   Investors make up 10% of Stockland buyers at present.
See Report (alternative site for Report) 

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