SA housing market remains strong

2008-01-08 00:00

Growth in house prices has slowed as business confidence declines, but South Africa remains one of the top markets in the world for building supplies inputs.

Growth in house prices slowed to a rate below 10% in November 2007 — but with a tenth of all houses being sold to foreigners and a fifth to those buying second properties, South Africa’s housing market remains one of the strongest in a world fearful of a sub-prime debacle. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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