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While the lower priced (average price = R364,937) area value bands have remained the segments with the strongest average house price growth in Q1 2018 according to FNB, the fact is their price indices are showing slowing quarter-on-quarter growth. The Middle (average price = R895,089)

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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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Examining the FNB House Price Indices for the country’s major regions, gradually slowing price growth in what has been the country’s top performing region in recent years, the Western Cape, continued in 2017Q4. The year-on-year average house price growth for the Western Cape measured 4.4% in

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House price growth slowed by almost a full percent in 2017, compared with 2016’s 4.8%. This was according to FNB’s House Price Index which pegged house price growth in 2017 at 3.7% - the third consecutive year of slowing annual average price growth. “Based on 11

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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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Sectional title properties with fewer than two bedrooms boasted the strongest price growth in Q3 2017, inflating at 9.3%. Two-bedroom sectional title properties realised 5.3% price growth, while the largest three-and-more-bedroom category came in at 4.6% average price growth. This is according to FNB’s household and property

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This is the story of a man who owned a few properties all across the land: two-bedroom cottages, three-bedroom homes and large, old four-bedroom homes with garden flats. This man had been the lord of these homes for many years, which meant he thought he

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The FNB/BER Building Confidence Index rose to 35 index points in 3Q2017, from 32 in 2Q2017. Despite this improvement in confidence there are still indications that more than 60% of respondents are dissatisfied with prevailing business conditions. The higher confidence can be attributed to the increase

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