Shares trounce property to take top spot

Clerical Medical research showed for the third successive year the UK stock market has outperformed the housing sector, which only grew 11.5%. Overall performance over the past ten years was the opposite, with UK house prices rising an average 11.2% per annum, exceeding the 7.6% per annum UK share return. Bond prices have suffered over the past year; rising interest rates caused a 0.3% fall. This is the first time UK stocks outperformed bonds since June 2003. Cash bucked the 10-year trend of underperforming to bonds, returning 5.2%. Looking at five-year performance, precious metals...