Mortgage Home Loans

Property prices are increasing. Is it time to buy?

The ABSA House Price Index for Feb 2010 shows that property values have increased in every major category. And Jacques du Toit of ABSA Home Loans, predicts that your property will grow by 6% in 2010. Here's buyers are facing near perfect property conditions...

The value of your home is growing by 6%

Property prices and property values are continuing to increase. That's according to the FNB House Price Index for February 2010. In his report, John Loos of FNB Home Loans, highlights that the value your home has grown by 5.8% from Feb 2009 to Feb 2008. This growth rate is much better than January's figures of 3.6% year-on-year growth. But they're still lower than inflation, which is currently above 6%.

Lower interest rates & 100% bonds boost property prices

The lowering of interest rates has historically had a delayed effect on property prices. It was no different this time around. According to the latest ABSA House Price Index, low interest rates has been one of the major reasons for the recent increase in property prices.

FNB House Price Index: October 09

Property News: FNB House Price Index Seasonal stimulators and the recent interest rate cuts have contributed to a mild recovery in property prices. That’s according to the most recent FNB House Price Index. FNB developed the House Price Index in July 2000 to estimate the average price of residential properties bought and sold. It is an [...]

Average Property Prices Are Still Dropping – FNB

The latest FNB House Price Index shows that although property prices are still declining (by about 2% each month) the rate of decline is starting to slow down, and we could begin to see positive growth towards the start of 2010.

Average House Price has dropped to R662k – FNB

The latest FNB House Price Index report, released at the start of June, shows that property prices continued to drop in May 09. This graph illustrates the rapid growth and drop of property prices.

FNB Property Barometer

UPDATE: Click Here for updated property and house price reports Ed Grondel. CEO of FNB Home Loans has been interviewed on a number of radio shows following the release of the latest Property Barometer report. The report measures the sentiment of top real estates to determine the level of confidence in the market. Here are some [...]