soweto tops

04 December 2006 - 02:00
By unknown

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