The household sector experienced increased financial strain throughout 2015 and in the early stages of 2016 according to Absa Housing Review.
House price growth across all three residential categories are in single digits in 2013, according to Absa's house price index.
House price growth slowed down in May 2013, based on nominal year-on-year growth in the average value of homes in the middle segment of the South African residential property market.
Year-on-year growth in the average value of homes in some categories of housing in the middle segment of the South African residential property market appears to have reached an upper turning point.
February 2013 saw year-on-year growth in the average value of homes in the middle segment of the South African housing rising further.
Year-on-year growth in the average value of homes in the middle segment of the South African housing market continued in January 2013.
December 2012 saw year-on-year growth in the average value of homes in the middle segment of the South African housing market rising further.
Year-on-year growth in the average value of homes in the middle segment of the South African housing market increased further in November 2012.
On a year-on-year basis, some marginal nominal house price growth was recorded in the middle segment of the market (homes of 80m² - 400m² and priced up to R3,6 million in 2012) in the third quarter of 2012.
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