Absa’s House Price Index confirms that house prices are still very weak in 2009 , however their analysts believe that the property market should start inproving during early 2010. According to the study for the period to June 2009 , house prices declined [...]

Troubling times for property owners and mortgage payers with the latest property news from FNB and ABSA confirming the gloomy sentiment gripping the property market. According to the FNB Houseprice Index  , house prices are at their  December 2006 level effectively wiping out over two years of property growth. ABSA maintains that this is the [...]