The FNB House Price Index’s average price level passed the R1m mark in June for the 1st time.
According to the FNB House Price Index, the average house price for June 2015 rose 5.2% year-on-year. This is slightly up from May’s 5.0%. This “stalls” the broadly slowing year-on-year price inflation trend that has been in place since early-2014.
Read – More – FNB Property Barometer_June_2015 House Price Index_1_July_2015