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.
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.
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 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.
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