House prices rising, but sales may be softer

According to the Business Day and Fin24 reports, FNB says that this is the highest year-on-year growth in prices since June 2010. However, on a month-on-month basis, house price growth has gradually lost momentum from a peak of 1,65% in January to just 0,82% in June.

For more:

• Business Day: FNB house price index up in June but peak may be near

• Fin24: FNB: House prices lose momentum