Property
A marginal improvement in house prices, from a low level
The FNB House Price Index edged up to 0.5% year-on-year (y/y) growth in June, a slight improvement from 0.3% in May. The low house price growth trajectory aligns with expectations given the persistent high living and borrowing costs. Notably, lower-priced segments and non-metro regions continue to perform better.
09 July 2024