Returns From Residential Housing Continue To Fall

The combined effect of low rental yields and declining dwelling values  has resulted in a rapid reduction in overall returns from housing over the past year.

The CoreLogic Total Returns Index is similar to the ASX200 Accumulation Index in that it measures overall housing market returns.  To do this it measures annual value changes along with annualised gross rental yields to provide the total picture on typical housing returns.  Over recent years value growth has been much stronger that…