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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