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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

house price

The Recent “Bump” in House Price Growth

2 December 2015 By Alan Straton

Home Property Investment

FNB's valuers, in their FNB Valuers Market Strength Index (MSI) may in part explain the recent uptick in house price inflation. Examining the Demand, Supply and MSI itself, which reflects the difference between Demand and Supply, we see a still very well balanced residential market. The Valuers' Residential Demand Rating was at a level of 55.8 in November (scale 0 to 100), while the Supply Rating was at a lesser 52.92. This translates into an MSI of 51.44, with the level of above 50 … [Read more...] about The Recent “Bump” in House Price Growth

Downward trend in real house price growth continues

8 June 2015 By Alan Straton

Absa House Price Indices

Year-on-year growth in the average nominal value of homes in the various categories of middle-segment housing in the South African residential property market slowed down further across all categories of housing in May 2015. Taking account of the effect of inflation, some real house price deflation was evident in each category of housing in April compared with a year ago. The ongoing declining trend in month-on-month house price growth of the past number of months also contributes to the … [Read more...] about Downward trend in real house price growth continues

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