Thursday, 05 September 2013 14:08

FNB house price index up 6.4% y/y in August

FNB house price index shows a slight acceleration in its year-on-year growth rate‚ to 6.4% in August from 6.3% in July.

There is a broad strengthening trend in agents’ perceptions of residential demand‚ according to an FNB estate agent survey.

With SA's effective personal tax burden relative to income set to rise further this year, the decision keeps the combined fiscal and monetary policy impact on household finances negative.

RETAIL sales accelerated much more than expected in February, suggesting that the expected slowdown in consumer spending may not be as severe as feared and lifting gloom over the growth outlook.

Tuesday, 22 January 2013 13:38

2013, the year to escape the debt trap

The residential property market survived 2012 with a few nicks and bruises but, generally it remained stable with positive signs; like the banks relaxing their loan requirements and the historically low repo rate to help matters along. 

Although it has not yet regained its shine as an investment, the attractiveness of residential property as an investment does appear to be gradually improving.

Friday, 17 August 2012 11:19

SA property boost from Africa!

A recent FNB Property Barometer Survey of Estate Agents from John Loos reports a sign of improved confidence in the African economy, with an estimated 20% of foreign investment into SA real estate coming from Africa

It should not come as too much of a surprise that growth in residential property transactions broadly slowed as 2011 progressed, as did growth in residential mortgages registered.

Tuesday, 29 November 2011 02:00

Property really is a long term investment

No one could claim that the South African property market has done well in 2011. Sellers are finding that their estimated prices need to be lowered; buyers are eager but struggle to buy with banks hesitant to approve home loans

Friday, 18 November 2011 02:00

Mild improvement in building completions

The third quarter has shown mild improvement on the previous quarter in terms of the growth in building completions.

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