November 2011 house prices 'dropped below August 2007 level'
Absa's latest property price indices show the average price of a mid-segment house is almost 14% lower in November 2011 than it was in August 2007.
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House price growth starts year on a low
The year-on-year growth in house prices started sluggishly in 2011, according to the Absa House Price Index released on Monday.
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Absa: House prices are on the rise
Absa's house price index indicates that the average nominal price of houses was higher in all categories in February compared with a year ago.
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