News Formal

Residential market could be halfway through its slump

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Россия Новости Новости

The luxury housing market is suffering the most, estate agents say

The residential property market is probably halfway through its recovery and will be in the doldrums for another three years as the country’s economic slump bites, SA’s largest estate agencies says.

Increases in house prices have lagged behind inflation in the past two years, averaging about 3.6%, a report by Lightstone Property showed on Monday. SA’s inflation rate, which slowed to 4% in July, averaged 4.7% and 4.5% in 2017 and 2018.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

MARKET WRAP: JSE closes lower as China lodges WTO complaintAbsa manufacturing purchasing managers’ index declined to 45.7 index points in August from 52.1 previously
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »