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Absa: nominal house prices stabilising

By admin - Last updated: Tuesday, July 10, 2012

Absa: nominal house prices stabilising. Year-on-year (y/y) changes in nominal house prices in the South African housing market appeared to be stabilising after a period of some price declines. The June y/y change in the medium-sized … These factors are expected to be reflected in property buying patterns‚ the demand for and the affordability and accessibility of mortgage finance ‚” he said. “On a month-on-month basis prices have been on a gradual upward trend in …