soweto tops

Though upmarket residential areas are seeing a cooling off in house price growth, the Soweto market is flourishing, shows the latest Standard Bank Residential Property gauge.

Though upmarket residential areas are seeing a cooling off in house price growth, the Soweto market is flourishing, shows the latest Standard Bank Residential Property gauge.

Soweto's median house price growth has rocketed from just under 9 percent year-on-year in August 2004 to more than 42 percent in the same month this year. This outshone the rest of the residential market. - Thomas McLachlan

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