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Real Estate Briefing - Categorized | Emerging Trends, Market Moves more

SA: Demand for property slows

Posted on 07 October 2008

From Iafrica.com: Estate agents reported a further slowdown in activity in the property market in the third quarter of 2008, according to First National Bank’s home loan barometer released on Monday.

“From a level of 4.4 (on a scale of 1 to 10) in the second quarter, survey respondents reported a further decline to an average activity level of 4.1, the lowest in the history of the Barometer,” First National Bank’s home loans property strategist John Loos said….. Full Article: Source


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