House prices down 15% from 2008, says FNB
Average house prices are 15% lower than they were three years ago, according to the FNB House Price Index released on Monday.
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'Stronger economy means a stronger property market'
There was good news and bad news for house prices, FNB said on Monday when it released its house-price index.
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House prices continue their slide
According to Absa's House Price Index, the average nominal price of middle-segment housing dropped by 0,4% year-on-year in March 2009.
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Absa: Housing market to beef up in 2010
The housing market will start recovering gradually in the second half of this year, Absa's latest House Price Index released on Wednesday showed.
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