Stockland reports that:The top end of the residential market is very soft. Very fragile, and oversupply issues.First home owner segment stronger due to interest rate cuts and government grantsChoice between owning and renting starting to favour owning, as rents are rising and interest rates are fallingInvestors returning to the market due to interest rate cuts, rising rents and poor stock market performance. Investors make up 10% of Stockland buyers at present.See Report (alternative site for Report)
"Stockland Residential Outlook December 2008"
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