Standard Bank: Property cycle to improve this year

Standard Bank: Property cycle to improve this year
http://iolproperty.co.za/roller/news/entry/standard_bank_property_cycle_to

The property cycle should recover relatively firmly in the second half of the year, Standard Bank said on Thursday as it released its latest residential property gauge.

“The recovery in Standard Bank’ median house price gained traction in June, rising to R588 500 from R579 000 in May,” economist Danelee van Dyk said.

(via Instapaper)

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