| 04.08.2011 - S.Africa: Houses still up 212pct in 11 years |
| Nominal house prices had grown by 211.6 percent from June 2000 until last month despite the significant cumulative downward adjustment in price levels since the peak of the residential property boom in 2008, FNB Home Loans said. House prices, adjusted to take into account the impact of inflation, were 66.2 percent higher in June than they were 11 years earlier, it added..............................................Full Article: Source |