House prices off the boil

The median South African house cost R560000 in September, 5,7percent more than a year ago, the bank's data showed. Standard uses the middle value in the range of home loans it provides, whereas Absa uses the average value of its mortgages. September's house inflation was the same as August's, signalling a levelling off in home value growth, economist Johan Botha said. - Staff Reporter

The median South African house cost R560000 in September, 5,7percent more than a year ago, the bank's data showed. Standard uses the middle value in the range of home loans it provides, whereas Absa uses the average value of its mortgages. September's house inflation was the same as August's, signalling a levelling off in home value growth, economist Johan Botha said. - Staff Reporter

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