The average cost of housing in South Africa increased by 9.4%, but then dropped slightly and the results of 8 months of her annual increase of 7.1% in the first six months of this year. The real estate market of South Africa in the period 2000-2007 experienced a real boom, which ceased with the onset of the global financial crisis in 2008, the year. However, housing prices began to recover very quickly, thanks largely to a record decline in mortgage rates to 6%. In early 2010, property prices began to rise again South Africa in connection with the ongoing in the country the World Cup, but then the growth rate has slowed. On this Site: www.globalpropertyguide.com
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