Mortgage Home Loans

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%.

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.