Little change in the key drivers of residential selling, as the ageing middle class continues to be the main driver of sales.

Today, First National Bank (FNB), the developers and a Member of the Mayoral Committee (MMC) at the Mangaung Metro Municipality, Councillor, Papiki Moeng, officially launched phase one of the Second Avenue Development project set to become FNB's new regional offices in Bloemfontein.

On Thursday the SARB Monetary Policy Committee elected not to raise the repo rate which will remain unchanged at 5.5% until the next meeting on the 17th of July.

White buyers for the first time make up less than 50% of the local home-buyer population in the fourth quarter of last year, according to FNB's latest estate agent survey.

Monday, 09 December 2013 07:32

House price growth losing momentum

FNB says house price growth may be losing some momentum.

FNB's Housing Finance division is going strong with around 20% growth in the market over the last financial year and a good outlook.

Wednesday, 06 November 2013 17:41

FNB house price index up 7.8% in October

FNB house price index accelerates to 7.8% in October‚ from September’s revised rate of 7%.

Tuesday, 15 October 2013 16:06

Banks striving to reduce bond defaults

SA’s big banks are taking longer to deal with home loan defaulters even though they are continuing to reduce their non-performing home loan books from 2009-10 peaks.

SA building confidence at highest level in five years, survey shows

Thursday, 05 September 2013 14:08

FNB house price index up 6.4% y/y in August

FNB house price index shows a slight acceleration in its year-on-year growth rate‚ to 6.4% in August from 6.3% in July.

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