The FNB House Price Index’s year-on-year growth rate strengthens further, but is still in negative real territory
In April 2017, the FNB House Price Index showed some further acceleration in year-on-year growth compared with the March rate, after having gone through a “dip” late in 2016.
2016 represented further average house price growth slowing, moving into negative territory in real terms
The FNB House Price Index for 2016 as a whole rose by 5%, slower than the 7.2% and 6.5% for 2014 and 2015 respectively.
The 2017 Leapfrog Property Property market forecast
The residential property market has had its ups and downs during 2016 as the economy stagnates, the Reserve Bank started hiking interest rates again and consumers struggle with household debt-to-income.
Economic growth improves in the 2nd quarter, but probably not enough to prevent further labour shedding and Consumer Confidence weakness just yet
Gross Domestic Product for the 2nd Quarter of 2016 showed some mild improvement, returning to positive growth after a 1st Quarter contraction.
Retail Property, the "outperformer" over the past 2 decades, explained by strong consumer fundamentals for much of this period
Some may perceive the Commercial Property Sector not to have “boomed” to the extent of the Residential Sector over the past 2 decades, with the Residential Market having experienced an extreme price growth boom prior to 2008.
House price inflation continues tapering trend
According to the FNB House Price Index, the average house price for April 2015 rose 5.0% year-on-year.
FNB House Price Index growth rate slows again
October 2014 House Price Index growth rate slows again, but a "re-acceleration" of sorts may be near.
September 2014 house price index growth rate slows again
September 2014 House Price Index growth rate slows again, but a "re-acceleration" of sorts may be near
Brighter outlook for house prices
Home owners and residential property investors are likely to start making money again on their bricks-and-mortar assets this year after a six-year housing slump.
FNB house price index up 7.8% in October
FNB house price index accelerates to 7.8% in October‚ from September’s revised rate of 7%.
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