FNB: Property Price Hikes Slow Down

First National Bank Property Analyst John Loos says property will still earn 10% this year although they have made a few assumptions:

This was based on FNB's view of a further mild decline in interest rates and real economic growth of between 4 percent and 5 percent a year for the rest of the decade.

Well considering the Reserve bank has indicated that interest rates are going up and that last quarter GDP growth dipped below 4% their prediction might not be entirely accurate.