Summary
Allsop and EIG launched RAPID in March 2007 and the inaugural issue explained about RAPID, the increasing popularity of auctions, regional trends in Assured Shorthold Tenancy Investment (AST), AST yield by area, and gave an outlook for the following six months.

Highlights of Issue 1

• Residential auction transactions are up 132% compared with 23% for all residential sales over the same period.
  
  
• Auction’s share of the residential market has increased by 89% over the past ten years.
  
  
• AST yields have fallen from 17.9% in 1997 to 7.2% in 2006.
  
  
• AST yields converge in all four geographic Areas to a very narrow band of 6.9% to 7.5%.

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