South Africa’s house price boom grinds to a halt
This content is archived.
After remarkable price increases between 2000 and 2007, South Africa’s house price boom ground to a halt in Q1 2008.
Although the house price index rose 6.8% to end-April 2008 from a year earlier, it actually fell 3.84% when adjusted for inflation, according to figures from ABSA, South Africa’s leading mortgage provider.
The rest of this archived report is part of Full Access.
