There's been talk of a recovery, talk of the end of the recession... is it possible? Or are we still a long way off?
According to Absa's House Price statistics, there is a possibility that we will still see house prices falling into 2010.
It's a wait and see game I guess. And it's not fun if you are in the position of wanting to to sell your property, or worse, if you HAVE to sell.
With inflation bound to increase again next year, and banks still being very cautious in their lending, I personally think it will be a while before we see some growth in residential property prices.
Read this article from FAnews :. South Africa's Premier Financial and Advisory News & Information Portal
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