After a relatively good period from 2013, recent quarters have shown some slowing in year-on-year growth in the FNB Holiday Towns House Price Index. These holiday town markets’ price levels are all but free of that “additional froth” (compared to the overall national housing market) that they possessed following an outperformance from 2004 to 2007,
John Loos, Household and Property Sector Strategist at FNB has produced the Property Barometer report regarding the 1st quarter FNB Area Value Band House Price Indices. Loos reports that FNB has undertaken an overhaul of its FNB Area Value Band House Price Indices. There are 5 Area Value Band House Price Indices under this new
While it seems increasingly likely France will vote for a centrist pro-Europe government, the shocks of Brexit and the election of Donald Trump in the US prove that nothing is certain. George Radford, director for global property investment firm IP Global writes
Friday, May 5, 2017 — With the presidential race in France now
While economic growth is expected to be mildly better in 2017, this is not yet expected to be enough to turn Real Household Disposable Income growth positive on a per capita basis. We believe, therefore, that the Household Sector should continue to “create its own luck” by taking steps to further reduce its financial vulnerability.
All of the five Major Regions’ House Price Indices showed slowing year-on-year growth in the third quarter of 2016. The Western Cape Region Index remained by far the strongest performer, but it too may be “past its best” as at the third quarter, showing slightly slower price inflation compared with the multi-year high of the
The FNB September House Price Index’s inflation rate, and the FNB Valuers Market Strength Index, both point to further softening in the Housing Market. Tommy Nel, FNB Home Loans head of credit, reports
3 October 2016 – The FNB House Price Index for September 2016 rose by 3.4% year-on-year. This is slower than the revised 4.8%