03.10.2008 - S.Africa house prices up, but problems remain
From Reuters: South African house prices rose by 3.6 percent year-on-year in September, the first increase in 10 months, pointing to renewed activity after a difficult year, a survey showed. The monthly Standard Bank property gauge ticked up last month, with the median price at 580,000 rand. The five-month moving average remained in negative territory, but improved to -5.5 percent year-on-year after several months of declining prices -- house prices have been falling since March..... Full Article: Source
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