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House prices in February grew by 2.3%, year-on-year. This is down from a revised 3.8% in January, and from 2017’s high of 5% reached in November. “This does not, however, alter our view that 2018 should be a mildly stronger housing market year than 2017,” said

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November’s year-on-year house price growth was 4.6%, according to the FNB House Price Index. This is mildly up from October’s 4.4% year-on-year. “Examining the year-to-date average, though, it appears most probably that, despite the recent monthly year-on-year acceleration, average house price growth for 2017 as a

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House prices have grown in nominal terms (when not adjusting for Consumer Price Index (CPI) inflation) by 318% since the end of 2000; consumer goods and services prices, as measured by the CPI, were only 154.7% higher over virtually the same period (up to August

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