Investment Property Forum UK consensus forecasts summary report

Investment Property Forum UK consensus forecasts summary report May 2012 [electronic resource] - London IPF 2012 - IPF UK Consensus Forecasts Summary Report May 2012 .

The consensus forecast of the All Property total return for the year has weakened slightly since the Q1 2012 survey from 1.6% to 1.4%, driven by a sustained expectation of negative capital value growth (steady at -4.6% quarter-on-quarter) and a fall in implied income return to 6.0%. The Eurozone crisis continues to be affect the market reinforced by confirmation of GDP dipping below zero growth for the second quarter in succession. 2013 is expected to see capital value growth stabilising (-0.3% average forecast), followed by improvement in the later years of the forecast to close to the long-run average rate of 2.5% per annum.