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Recession drags South Africa’s house prices down

Posted on 07 July 2009

From Realestateweb.co.za: Homes continue to shed value this year, but the residential market expected to improve early 2010. New stats for small, medium, large houses.

Absa’s House Price Index, released on Monday, showed South Africa’s house prices continuing to shed value. However, the bank’s analysts expect the residential market to improve in early 2010………Full Article: Source


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