FNB Property Barometer December 2015 House Price Index

2015 average house price growth was slightly slower than that of 2014 as a whole.

In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months. However, this mini-uptick appears to be peaking, with month-on-month house price growth already slowing.

Despite this recent “mini-uptick”, we believe that the broader trend is one of slowing house price growth, and that this is reflected in the slowing in the annual average house price growth rate from 7.1% in 2014 to 6% in 2015. 2016 is once again expected to see a move to a lower average growth rate. (John Loos)

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