Price Growth Only 3%

Over the past few months Bank economists have been stating that housing growth for this year was still a respectable 9% (although some said it was a lower 6%). However in this article there's a little factoid that might be of interest:

Premium properties, valued at more than R900 000 and less than R2,5m, in Pretoria and Cape Town recorded the lowest price growth in the country – 3% y/y.

3% growth year over year in property priced over R900 000 (which is pretty close to the average cost of R800 000)? It's a lot worse than I thought.