Residential auctions may face tougher sales environment after record year
Murphy, Gary
Residential auctions may face tougher sales environment after record year - 2005 - Property Forecast 8(4) April 2005, 4-5(2) .
Reviews the performance of the residential auction market, which has shown sustained demand across all property types throughout 2004/05 in spite of five interest rate rises in nearly as many months. Examines the principal market segments: assured shorthold tenancies; assured tenancies; regulated tenancies; and ground rents. Comments on the dramatic growth of private investment in real property points and concludes with an assessment of the market outlook. Figures cover rolling weighted gross yields for the three tenancy types and the income multiplier on ground rents.
Residential auctions may face tougher sales environment after record year - 2005 - Property Forecast 8(4) April 2005, 4-5(2) .
Reviews the performance of the residential auction market, which has shown sustained demand across all property types throughout 2004/05 in spite of five interest rate rises in nearly as many months. Examines the principal market segments: assured shorthold tenancies; assured tenancies; regulated tenancies; and ground rents. Comments on the dramatic growth of private investment in real property points and concludes with an assessment of the market outlook. Figures cover rolling weighted gross yields for the three tenancy types and the income multiplier on ground rents.