Sun, Aug 31, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

S.Africa: Housing market begins 2013 on weak footing, says FNB

Posted on 11 January 2013

The end of the major strike disruptions of late 2012 should lead to some better economic growth quarters early in 2013, but the housing market has begun the year on a very weak economic footing, John Loos, FNB’s household and property sector strategist, said on Thursday.
“We expect house price growth for the year 2013 as a whole to be slightly more subdued than 2012, and pencil in a nominal average rise of 2.5% for the year,” Mr Loos said. With consumer price inflation expected to average 5%-6% in 2013, that implied a further fall in real prices, he said………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031