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The FNB House Price Index has shown a further acceleration in April, up from a revised March growth rate of 8.1% to 8.6%, year-on-year.
This is the highest year-on-year growth since June 2010.
In real terms, too, as at March the index showed a mild increase to the tune of plus-two percent year-on-year, with consumer price inflation in that month being 6%.
The recent support for a moderately improved residential market comes in part from a possible greater willingness on the part of of banks as a group to provide home loans.
