DAA Residential – Market Update – London Property Magazine November 2011
Market Update
When we look at the conditions for the property market we are curiously optimistic. Unacceptable performance of equities drives investors to other asset classes and reduced interest rates will give many buyers confidence and buying power. The tight market for new sales listings will tend to favour seller’s as the year progresses. The growing popularity of self-managed super funds as vehicles for property investment along with increasing rental values will only add to the already robust demand for investment properties.
However, in property, timing is everything. There are good buying opportunities presently but this will swiftly turn into a seller’s advantage. Clearly, buying and selling property in this environment should never be left to chance. Whether you are entering or exiting the market, property decisions require expert advice in order to maximise your return. So, if you are planning to sell or buy a property in the New Year, it’s a good idea to start to talk to the experts now.
David Martin, Head of Sales, DAA Residential
