Please see attached for the latest mortgage and household credit growth numbers. Outstanding mortgage advances growth has been very stable in recent months, due mostly to significant growth in new loans granted on the residential side, which has in turn...
Please see attached: T he April FNB House Price reached 10.1% year-on-year inflation, the first double-digit inflation in exactly 2 years. We still believe that the growth will peak around mid-year/3 rd quarter of 2010. April 2010 House Price Index.pdf
Please see attached pdf file for the findings from the 1 st quarter FNB Property Barometer survey of estate agents. SUMMARY The FNB Residential Property Barometer survey of estate agents for the 1 st quarter of 2010 saw respondents estimating a more significant...
Please see attached for a note on suburban residential buying by the so-called Black population group relative to that of the white group. In the 1 st quarter Barometer survey (whose main findings will be in next week's communication), we saw the...
This part of the survey continues to support our expectations that the current property recovery under way is being driven overwhelmingly by primary residential demand, with “luxury” buying such as buy-to-let and holiday property buying lagging...
P The March FNB House Price inflation rate accelerates to 8.6% year-on-year, now inflating in real (CPI-adjusted) terms on a year-on-year basis for the 1 st time since early-2008. Affordability improvements coming to an end FNB Valuers still point to...
Please see attached for the Cape Metro Property Barometer and sub-region trends. Areas around the mountain continue to hold their value better than the oversupplied regions to the north of the metro. Cape Metro Property Market_4th quarter 2009.pdf
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...
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...
Please see attached for the December household credit and mortgage numbers. Mortgage advances growth continued its long declining trend, but overall household sector credit growth rose slightly. Although we saw a slight increase in total household sector...
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