House prices in September grew at the slowest rate since December 2002, according to Standard Bank’s residential property gauge.
The bank reported that last month, house prices were only 2,9% higher than a year earlier. The five-month moving average growth rate slowed nearly 23% from 8,7% y/y in August to 6,7% y/y in September.
03 October 2006
Another low for house price growth
Another low for house price growth
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