Much of the economic data has had a slightly healthier tone this month, but it is too soon to know how durable the apparent improvement might be. Meanwhile, although rental values were flat again in January, capital values edged lower for the second consecutive month. Meanwhile, investment market activity got off to a weak start in 2012, with the value of deals down by 10% compared to January 2011. However, while sentiment towards property remains fragile, for the first time in five months, UK institutional investors were net buyers in January.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services