Realestateweb - Increase in first time home buyers - Residential - South Africa's fastest-growing property website

Realestateweb - Increase in first time home buyers - Residential - South Africa's fastest-growing property website

The FNB House Price Index (HPI) for April has shown a significant increase in the number of first time buyers between the 2nd quarter of 2010 and the first quarter of 2011. According to the index, first time buyers as a percentage of total buyers rose to 22% from 17% over the past four quarters.

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