Prices of smaller-sized houses are rocketing at the moment, that’s according to the ABSA House Price Index. Take a closer look at why these types of houses make the best property investments. Data from ABSA Home Loans.
You may not need one right now, but it is time to begin saving for a deposit if you intend to buy a new home in the coming years. Comments from the heads of ABSA Home Loans & Nedbank Home Loans suggest that buyers will soon require a large deposit to qualify for a home loan.
According to FNB Home Loans, House Prices are currently growing at 10.1% on average. This is the first time in two years that year-on-year growth reached double figures. The average house price is now estimated to be around R790 000.
Email Newsletter |
| Waiting for the next Interest Rate Cut? |
|---|
Subscribe to the email newsletter and be first to know - its free.Click Here |
