Property still ‘buoyant’ in spite of decline in returns

The latest quarterly report, published by MCSI, shows that notwithstanding the uncertainty surrounding the UK’s Brexit referendum, property delivered a 3.1pc total return, representing a slight increase on the 2.9pc return recorded for the three-month period to the end of March.

While that improvement will invariably be welcomed, it does represent a significant decline from the 4.2pc total return recorded for the same period in 2015.

Read the full details in the Irish Independent

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