The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises

FNB property strategist John Loos says the past ten years in the residential property sector has been a rollercoaster ride.

House prices grow at a more moderate pace in January, but FNB believes this has nothing to do with January's surprise rate hike.

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