As at the end of October 2017 the national house price inflation index was at 3.7 %.
Over the past couple of months the majority of market activity has stabilized in the 2%-7% range following a slowdown in recent months as shown by the provincial indices. This is true for most of our indices except for the Free-State and our two top-tiers, the Western Cape and North-West province; the Free-State is still slowing down and lagging with a 1.7% inflation rate whilst the top-tiers are currently growing at 9.8% and 21.0% for the Western-Cape and North-West province respectively.”
Read more via the Lightstone report below:
Lightstone – Residential Property Indices_November2017
