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FEATURED PROPERTY OF THE WEEK |
BELLVILLE - OAKGLEN
R 1 575 000
Be the proud owner of a WOW!! home. This lovely family
/ entertaining " par excellence " home in popular Oakglen
must be seen!! 3
Bedrooms, 2 full bathrooms (modern), open plan kitchen / dining, 2
braairooms (winter / summer options), semi-separate lounge, lapa by the pool
with a jacuzzi and lots, lots more..........SUBLIME
Simply click the image
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BLOCK OF FLATS IN THE STRAND - CAPE TOWN
R6.99 Million
5
Flats each
consisting
of an entrance hall, lounge, open balcony with a Foldo blind, two bedrooms
with built in cupboards, kitchen with a breakfast nook and a bathroom with a
shower above the bath and 1 large flat
comprising 3 bedrooms and a whole lot more!!!!............
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ALL
OTHER UPMARKET PROPERTIES FOR SALE SIMPLY CLICK HERE
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South
African house prices at a glance
19 Apr 2012
The average value of homes in the South African residential property
market is deflating, according Absa.
Average nominal price levels of small homes in March were R620 700 (80 to
141 square metres), medium sized homes (141 to 220 square metres), R961
600 and large homes measuring between 221 to 400 square metres recorded
average nominal price of R1 476 million.
The bank reveals that nominal year-on-year (y/y) price deflation was
recorded in all the small, medium and large house categories of the
housing market in March 2012, with values starting to decline on a monthly
basis at various stages during the course of last year.
Writing in the Absa House Price Index report, Jacques du Toit, property
analyst at Absa Home Loans says in real terms, home values continued to
deflate up to February this year, based on headline consumer price
inflation of 6.1 percent y/y in the month.
Average nominal price levels of small homes in March were R620 700 (80 to
141 square metres), medium sized homes (141 to 220 square metres), R961
600 and large homes measuring between 221 to 400 square metres recorded
average nominal price of R1 476 million.
Du Toit says the latest trends in house prices are believed to be a
reflection of macroeconomic developments and property-related factors such
as running costs impacting household finances.
For more read :
http://www.property24.com/articles/top-6-tips-for-downsizing-your-home/14940
19 April 2012
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