Q3 2015 CashPlus newsletter website
7 Sept 2015,
Your Q3 2015 CashPlus Newsletter
In this months newsletter:
Latest CashPlus property market trends and growth forecasts
CashPlus Course Fees
CashPlus property market trends and growth forecasts.
According to the 7 September 2015 ABSA house price index, the average nominal price growth for small houses increased by 3.8 % y/y in July and 4.4% in August 2015.
The overall average month-on-month price growth has slowed to below 0,2% in August – its lowest level since early 2012 and contributing to the downward trend in year-on-year price growth. The small housing sector in comparison started to show positive month-on-month growth since May.
ABSA is projecting overall nominal house price growth to remain in single digits to average around 6% (5.5% according to FNB) in 2015. I am still confident the small housing sector to end the year between 8 and 10% nominal growth.
Consumers are expected to face increased financial strain towards year-end and in 2016 as a result of inflationary pressures and rising interest rates.
In addition to global economic pressures, the Reserve Bank (SARB) resumed its slow pace of interest rate hiking in July, and I expect at least another 25 basis point Repo Rate hikes before the end of the year in line with my projection for interest rates end of last year.
CashPlus Course Fees.
The CashPlus Course fees for 2015 will remain at R 999 until further notice.
Please deposit your course fee into the following bank account:
Menlyn Branch: 012345
Account: CPPI Trust
Account Nr: 012 702 323
Reference: Your e-mail
Fax proof of payment to 08 6664 6664 or e-mail to email@example.com
We will e-mail you the full CashPlus Property Investment Course as soon as we have received your payment.
Remember to send me your CashPlus success stories and or course comments.
CashPlus greetings till next time!!!!
CEO CashPlus Property Investments
Always buy below market value!!