| 29.04.2011 - S.Africa: Affordability drives house prices |
| The affordability and “back to basics” drive is still visible in house price trends in SA, while traditional measures of affordability continue to improve, financial services group First National Bank (FNB) said on Thursday. FNB noted that during the first quarter of 2011, year-on-year house price growth declined further to 0.82%, according to its House Price Index, from the previous quarter's 3.1%. .............................................Full Article: Source |