FNB property economist predicts house prices will keep falling
FNB house price analysis suggests that owners of luxury properties in Cape Town are in for more disappointment, with prices likely to continue falling on the Atlantic Seaboard. Siphamandla Mkhwanazi, property economist at FNB, says a downward adjustment in property prices is likely to continue. Biznews's Jackie Cameron spoke to him. Have a listen to their conversation by clicking on the audio player below. More info in the piece that follows.
FNB house price analysis suggests that owners of luxury properties in Cape Town are in for more disappointment, with prices likely to continue falling on the Atlantic Seaboard.
Siphamandla Mkhwanazi, property economist at FNB, says a downward adjustment in property prices is likely to continue.
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