| The end of the major strike disruptions of late 2012 should lead to some better economic growth quarters early in 2013, but the housing market has begun the year on a very weak economic footing, John Loos, FNB’s household and property sector strategist, said on Thursday.
"We expect house price growth for the year 2013 as a whole to be slightly more subdued than 2012, and pencil in a nominal average rise of 2.5% for the year," Mr Loos said. With consumer price inflation expected to average 5%-6% in 2013, that implied a further fall in real prices, he said...............................................Full Article: Source
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