On the up
The average nominal house price in the fourth quarter of 2014 was R1.5 million in the Western Cape, R1.4 million in Gauteng and R960,000 in the Eastern Cape. Between 2013 Q4 and 2014 Q4, the average nominal house price in the Western Cape increase by 15.5%, in Gauteng it increased by 10.8% and in the Eastern Cape it decreased by 6%. (http://bit.ly/1Jjsxnz)
This week’s theme: Housing