Investors now one third of the market..

PRDnationwide’s research analyst Aaron Maskrey says 34% of the property market is now investor-financed and set to increase as rental yields become more attractive. “Investors could now be tempted back into the property market as the rate of decline in values erodes away, while the equity market remains not only turbulent, but has provided returns inferior to fixed bonds over the past five years,” he says. PRDnationwide’s Quarterly Economic and Property Report says housing finance generally is increasing. Spending on housing finance in February rose by $1 billion to $20.3 billion and investor activity rose, with commitments up $400 million to $6.9 billion. (Ref: Terry Ryder – www.hotspotting.com.au)

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