House prices show positive growth in March - Property | Moneyweb
House prices show positive growth in March - Property | Moneyweb
Property prices showed positive year-on-year growth in March, according to the latest results released by ooba – South Africa’s leading bond originator.
The March oobarometer price index reveals that the average house price rose 1.1% year-on-year to R860 492 from R850 864 a year earlier. The growth in the average purchase price amongst first time buyers also showed an increase, with year-on-year growth of 4.5% to R623 179 in March 2011 from R596 357 a year earlier.
Property prices showed positive year-on-year growth in March, according to the latest results released by ooba – South Africa’s leading bond originator.
The March oobarometer price index reveals that the average house price rose 1.1% year-on-year to R860 492 from R850 864 a year earlier. The growth in the average purchase price amongst first time buyers also showed an increase, with year-on-year growth of 4.5% to R623 179 in March 2011 from R596 357 a year earlier.
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