59 per cent of those questioned think that property returns of less than 10 pre cent are more realistic, and only 16 per cent are expecting house prices to fall.
Ricky Okey, General Manager of Charcol, said, "It is encouraging to discover that people are now becoming more realistic in their estimations for growth, and not piling into property with the expectation of double digit growth for the next five years.
"Whilst there has been recent talk of Base Rate rises to calm the exuberant mortgage market, our research shows that no such exuberance exists, people are already readdressing the returns from property and becoming more realistic in their expectations."
Okey concludes, "Whilst we expect property to continue to deliver good returns over the next five years, alongside other asset classes such as cash and equities, it is our view that house prices will continue to rise at a slower, but steady rate."
