Wealth management through property 'a consistent investment'?

Wealth management through property could be considered a consistent investment, as one expert notes recent data shows the market is becoming more stable.

Liam Bailey, head of residential research at Knight Frank, comments on the apparently conflicting August surveys produced by Halifax and Nationwide, one of which came to a positive conclusion about currents trends, while the other claimed property had "stagnated".

For those with private wealth in real estate or commercial structures, the expert notes while the results are confusing, in fact they paint a similar picture of a 'flatter' market, observing: "The main prices are just bumping along at their current level."

And wealth managed through property may appreciate in the autumn, as Mr Bailey notes activity tends to pick up at this time of year, after low levels of buying and selling in August.

The Halifax survey found an increase of 0.2 per cent during the time in question, following a 0.7 per cent rise in July, which may be why Nationwide took a more negative view of the findings.  ADNFCR-2318-ID-800065535-ADNFCR