Home Loans

Here’s why you shouldn’t wait to buy your next house

Now is the time to get into the property market, or to invest further into residential property if you already own a home. Besides being a basic need, property values are growing fast and the pace is expected to increase even further!

ABSA predicts property prices will increase by 6% in 2010

ABSA Home Loans' senior property analyst, Jacques du Toit, believes that your property is set to grow in value by 6% in 2010. His prediction is backed by data from the ABSA Mortgage Advances Report published on March 30, 2010. The report focuses mainly on the the size and number of home loans granted by the banks on a monthly basis.

Property prices are increasing. Is it time to buy?

The ABSA House Price Index for Feb 2010 shows that property values have increased in every major category. And Jacques du Toit of ABSA Home Loans, predicts that your property will grow by 6% in 2010. Here's why buyers are facing near perfect property conditions...

The value of your home is growing by 6%

Property prices and property values are continuing to increase. That's according to the FNB House Price Index for February 2010. In his report, John Loos of FNB Home Loans, highlights that the value your home has grown by 5.8% from Feb 2009 to Feb 2008. This growth rate is much better than January's figures of 3.6% year-on-year growth. But they're still lower than inflation, which is currently above 6%.

Lower interest rates & 100% bonds boost property prices

The lowering of interest rates has historically had a delayed effect on property prices. It was no different this time around. According to the latest ABSA House Price Index, low interest rates has been one of the major reasons for the recent increase in property prices.

FNB House Price Index: October 09

Property News: FNB House Price Index Seasonal stimulators and the recent interest rate cuts have contributed to a mild recovery in property prices. That’s according to the most recent FNB House Price Index. FNB developed the House Price Index in July 2000 to estimate the average price of residential properties bought and sold. It is [...]

Average Property Prices Are Still Dropping – FNB

The latest FNB House Price Index shows that although property prices are still declining (by about 2% each month) the rate of decline is starting to slow down, and we could begin to see positive growth towards the start of 2010.