http://www.rpdata.com/images/stories/content/pressreleases/rpdatarismarkhomevalueindexsep30.pdf
I like how they have added a gross return column and focused on talking about yield and gross return. They can spin all they want, it isn't going to work.
"Strong rental growth rates combined with slowing dwelling value declines have seen home owners
realise positive ‘total return’ growth in August (+0.2%)."
"Like any other asset, property owners receive two
forms of return: capital growth plus income (or rents).
If you let your house, you receive rents in dollar terms. If
you own your home, you save the market rent. This is the
same as a business owning and occupying a building (it
similarly saves on rental payments). The higher the market
rent, the greater the saving (or “imputed rent”)."
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