Property on road to recovery

THE residential property market is on its way to recovery, Absa's home loan division said yesterday.

THE residential property market is on its way to recovery, Absa's home loan division said yesterday.

The bank reported that the nominal value of home loans it approved had increased further in February year-on-year.

In the small house category, the average nominal price was up 1,6percent year-on-year to R676800. - Sapa

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