RENTS STILL ON THE RISE

Good news for landlords and investors, bad news for tenants.

Paragon's newly released study shows a continuing increase in rental prices totaling an impressive 10% since November 2006. Although this would be the sixth consecutive month of average rent price growth the trend is expected to continue for the next couple of years.

Although the price of property has risen as well, rental yield is maintaining at 6%. Real-estate specialists advise against haste in property purchase as growth varies depending on area and other characteristics worth considering.