GROWTH SLIGHTLY HIGHER

Finweek English Edition - - ECONOMICTRENDS -

Af­ter a steady de­cline in the rate of growth of house prices since the mini-peak of 11% in May 2010, March year-on-year growth of 0,7% was marginally higher than the re­vised 0,6% recorded in Fe­bru­ary. FNB says the in­dex pointed to some flat­ten­ing in the de­clin­ing trend. In real terms the de­cline con­tin­ues.

FNB House Price In­dex - Real and Nom­i­nal Growth

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