Sentiment is a key driver of investor confidence and the residential property market is no different in this regard.

Yearly growth in the average value of homes in the middle segment of the South African housing market continues to slow in November.

Standard Bank house price index records a modest moderation in September‚ rising by 6.9% from a revised 7.6% in August.

The Standard Bank house price index improved by 8% year on year in July‚ from 7.8% year on year in June‚ Standard Bank said in a note on Monday.

Standard Bank house price index is up 10.3% in May compared with the same period a year ago‚ from 9.8% in April.

Monday, 10 December 2012 09:26

House price growth trending upwards

Year-on-year growth in the average value of homes in the middle segment of the South African housing market increased further in November 2012.

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