| 09.06.2009 - South Africa property market: Worst price falls in 23 years |
| From Realestateweb.co.za: More ugly house price data - and that's after home loan rates have been slashed 4,5% since December. New Absa stats. SA Reserve Bank Governor Tito Mboweni's dramatic slashing of interest rates over the past six months has failed to halt the trend of falling residential property prices. And there's no good property price news expected from the bank this year........Full Article: Source |