The FNB House Price Index’s gradual broad slowing trend stalls

The FNB House Price Index inflation rate for September 2015 picked up a bit of growth steam in September 2015, stalling the broader slowing trend that has been witnessed since early-2015. While the FNB Valuers don’t point to any meaningful demand growth in recent months, they do perceive ongoing constrained supply of homes, which is a potential supporting factor for house price growth. Despite a very weak economy, and high recession risk, the market continues to remain well-balanced.  Read more here – FNB Property Barometer