Recent falls in property yields have lifted capital values in most markets, particularly in Norway and France. But this trend is unlikely to last. Indeed, we think that the yield recovery is likely to slow, while further rental falls could well tip capital value growth back into negative territory this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services