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SA property returns decline for second consecutive year

SA property returns decline for second consecutive year

SAPOA Property Market Trends Report May 2010.

South African property returns have declined for the second consecutive year, although they still managed to produce a marginally positive capital growth in a market with weakened fundamentals.

With the beginnings of a turnaround in economic conditions and business confidence, however, it appears that the South African property market may emerge from the global downturn slightly battered but relatively unscathed compared to other markets.

Download the report here sa+property+market+trends+report_may+10_final
Courtesy, Realestateweb and Sapoa

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