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How SA’s property prices compare to BRICs

Posted on 07 December 2010

From Realestateweb.co.za: The South African property market has performed favourably over the past decade in comparison to the BRIC nations, having experienced a steady increase in property price growth since 2000, whereas other emerging markets have had more of a bumpy ride. South Africa has also maintained its period of growth for longer than any of the BRIC countries.
This is according to a recent survey conducted by Lightstone property analysts, which also shows that although South Africa’s property market has remained fairly robust in comparison to some emerging markets through the global economic crunch, we are currently experiencing a double dip similar to that of China……………………………………….Full Article: Source

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