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John Loos, Property Strategist at FNB Home Loans, received his Masters in Economics at the University of Stellenbosch before becoming an economist in the National Treasury. Thereafter, he became the SA Macroeconomist for Globalinsight, a major US based economic consultancy. He entered banking with BOE Group, shortly before moving to Absa Group in 2000 as senior macroeconomist ion 2000. In 2004, he was named Reuters Economist of the Year and in 2006, he joined FNB to pursue a slightly different focus as the bank’s Property Economist.

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House Price Index - February 2010
The existing home market is a happier place these days, arguably past its worst state of health, as demand grows off the dismal lows of early-2009 and the acceleration in house price inflation continues. The FNB House Price Index showed a further increase...

Posted: Mar 08 2010, 10:39 AM by JohnL | with no comments

FNB House Price Index - January
Please see attached for the January FNB House Price Index. This month, we took a special look at the volumes and price trends for “coastal holiday towns, compared to high income metro areas of comparable average price. Not surprisingly, with a stressed...
Posted: Feb 04 2010, 01:15 PM by JohnL | with no comments
FNB House Price Index (December)
Bad news first. The FNB House price Index showed the average house price for 2009 declining by -3.9% for the year as a whole , when compared to the average price for 2008. The good news? Late in the year the index was firmly on an improving trend, with...

Posted: Jan 11 2010, 10:07 AM by JohnL | with no comments

October FNB House Price Index
Enjoy October's FNB House Price Index (pdf attached), which shows a recorded -1% year-on-year deflation and that the trend is firmly back towards year-on-year inflation (possibly by next month).
Posted: Nov 02 2009, 10:17 AM by JohnL | with no comments