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/ 22 January 2008

SA property market ‘to take a pause in 2008’

The South African residential property market is poised for another year of slowing price growth — but the news is ”not all bad”, said Herschel Jawitz, chief executive of Jawitz Properties. ”With double-digit growth since 2000 and eight rate increases over the last 18 months, it is no surprise that the market is set to take a pause in 2008,” he said.