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S.Africa: House price growth slows: FNB

Posted on 02 December 2010

From Timeslive.co.za: Average house price growth has continued to slow, according to the November FNB House Price Index released on Wednesday. “The average house price growth slowdown continues, with the November FNB House Price Index recording a year-on-year rate of increase of 3.8 percent,” said John Loos, FNB Home Loans strategist, in a statement.
“This is only slightly lower than the previous month’s revised rate of 3.9 percent, reflecting a recent slowdown in the pace of decline in price growth in recent months.”………………………………………Full Article: Source


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