| 19.12.2011 - S.Africa: Housing market could struggle until 2013 |
| Next year will be an even worse year for the housing market than 2011. It might improve only in 2013. Experts expect that house price growth will further level out, largely as a result of the still-high indebtedness of households and a lack of interest-rate stimulus since 2009. First National Bank property analyst John Loos says that at this stage there is little on the horizon to indicate better house prices next year...............................................Full Article: Source |