| From Realestateweb.co.za: The July FNB House Price Index recorded a year-on-year inflation rate of 10.6%, down from the previous month’s revised 12.4%. On a month-on-month basis the index declined by -0.6%, following a +0.2% rise in the previous month.
One does get seasonal factors playing a role in the month-on-month rate, though, so one should be careful about drawing conclusions regarding month-on-month decline. The average price for July was R787,694.............................................Full Article: Source
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