Newsletter – 10 September 2021

Annual house price growth decelerates again in August

CAMPAIGN: Annual house price growth decelerates again in August
SEND DATE: 10 September 2021

“Our proprietary market strength indicators show that demand for houses is now moderating, following a strong rebound in 2H20 and into 2021. However, these are still above 2019 levels, reflecting the positive effect of lower interest rates on market activity and the changing housing needs due to the pandemic.” This is the view of Siphamandla Mkhwanazi, FNB Senior Economist, on the latest indicators in the real estate industry.

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