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| IPD sees recovery in US real estate market US real estate has delivered the strongest investment performance for five years, at 15.1% total return for 2010, according to the IPD US Quarterly Property Index. The continued recovery in market values is responsible for the dramatic turnaround from 2009's -18.7% annual total return, with positive capital growth stretching on for the third consecutive quarter with 3.2% in Q4 of 2010. This was, however, shallower than Q3's 3.3%, which was the strongest quarterly capital growth in IPD's 11-year index history. The headline annual total return was the result of 7.6% capital growth over the year - which included a compounded 8.1% rebound in values since Q1 2010 - together with an income return of 7.0%. The rebound has been driven by falling cap rates, which compressed throughout 2010 by 80 basis points to 6.3% at the all property level. write your comments about the article :: © 2011 Construction News :: home page |