Thursday, May 3, 2007

S.Africa house price growth continues to slow - survey

(Reuters) - South Africa residential house price growth continued to slow in April, curbed by higher interest rates and rising debt, but declining supply should prop up the market, a survey showed on Thursday.

The Standard Bank monthly property gauge showed annualised house price growth at 7.4 percent last month, down from 8.4 percent growth in March.


Read more at Reuters Africa

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