Are affordability limits starting to become visible in the “Sell-Side” of the Residential Market?

The 1st quarter FNB Estate Agent Survey pertaining to the “selling side” of the residential market still shows a very strong situation. However, mild recent declines in certain key “pro-cyclical” categories of selling may just be an early hint of limits to further market strengthening from here onward.

FNB Property Barometer_Estate_Agent_Survey_Reasons_for_Selling_1st_Quarter_2015