Property Barometer – Western Cape House Price Growth Bucks the Rand Area Trend

While economic and house price growth slowdown is the general direction within the major regions of the Rand Area, the Western Cape has recently bucked that trend to record the fastest average house price growth of the major regions.

While it is unlikely that any of the Rand Area’s (Namibia, Botswana, Lesotho, Swaziland) can escape the current period of global economic stagnation unscathed, some will do better than others depending on the “competitive advantage” that they have created for themselves. This in turn influences relative housing market performances.

Read more here: FNB Property Barometer_Property_Western_Cape_Residential_Market_April_2016