Property prices in South Africa drop to lowest in 23 years, report shows

Discussion in 'New and Emerging Property Markets' started by Nicholas Wallwork, Nov 12, 2015.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    Residential property prices in South Africa have fallen to their lowest in 23 years as the country’s first recession for 17 years takes its toll on the real estate market. Unemployment and slowing consumer spending is contributing to the depressed property market, according to the latest price index published by the Absa Group, the country’s

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