Stable property yields and solid rental growth supported a second rise in prime all-property values in Q3. While there is still likely to be upward pressure on yields in some markets, property values appear past the bottom at the prime end of the market. That said, with limited scope for yield compression compared to past recoveries, we expect only a weak pick-up in values ahead.
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