The upswing in the rental recovery seems to be close to its peak. This, however, does not imply that rents are set to correct as the positive economic outlook should continue to underpin rental growth. With yield impact fading, capital value growth is slowing. However, with the rate tightening cycle set to be gradual, we see limited risk of a near-term correction triggered by a sharp rise in property yields.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.