Video - prospects for sa housing markets in 2012

2011 was a year of slow house price growth for South African property after the mini recovery in 2010. The market in 2010 had been buoyed by major interest rate cutting from December 2008 to August 2009 and a global economic recovery of sorts. The 2012 residential market shows strong supply relative to demand, and a mediocre economic performance at best.

FNB's Property Strategist John Loos joins ABN's Samantha Loring to give his prospects for house prices in 2012.

Watch for TheMoveChannel.tv:

http://www.themovechannel.tv/2012/01/prospects-for-sa-housing-markets-in-2012/