Q3 2016 CashPlus newsletter
30 August 2016,
Your Q3 2016 CashPlus Newsletter
In this months newsletter:
Latest CashPlus property market trends and growth forecasts
FNB House Price Index by Segment
New CashPlus Website
CashPlus property market trends and growth forecasts.
According to the 10 August 2016 ABSA house price index, the average nominal price growth for small houses increased by 8.3 % y/y in June 2016 and by 6.8% in July 2016.
The small housing sector had a negative month-on-month growth from May this year.
The economy is forecast to show a mild contraction of 0,2% this year, with real growth of less than 1% projected for next year.
Consumer prices in South Africa increased 6 % year-on-year in July of 2016, following a 6.3 % rise in the previous period and lower than market expectations of 6.1 %. It is the lowest inflation figure so far this year as cost of electricity and other fuels rose at a slower pace while food inflation reached a seven-year high. Some inflationary pressures still persist, which may cause interest rates to be further hiked late this year.
FNB PROPERTY BAROMETER – House Price Indices by
“The “star performing” sub-segment has been the Sectional Title Less than 2 Bedroom segment, which still showed double-digit price growth as at the 2nd quarter of 2016. However, its price growth, like the other 2 Sectional Title segments, has also started to slow.
Below please find the FNB link. At the end of the article you will find the average sectional title Rand per square meter comparison for the different sectional title segments.
New CashPlus Website
The New Cashplus Website is available on the following link:
The website has been updated and to a full e-commerce website with a direct payment interface for your convenience.
The CashPlus Course fees for 2016 will remain at R 999 until further notice.
You can now order the course and pay by credit card Buy Course
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!!