"The FNB House Price Index points to a recent mild strengthening, but this does little to change our moderate expectations," says John Loos. The FNB House Price Index inflation rate for July accelerated mildly, and its recent month-on-month rise in tandem with a mild rise in the Manufacturing PMI (Purchasing Managers Index) up to June possibly hints at one or two slightly better economic months recently. But we wouldn't hope for too much. Taking a look at month-on-month fluctuations in the … [Read more...] about The Average price of homes sold in March 2015

