It is stated in the report of the bank Absa. Note that the study featured homes area 80-400 sq. meters, which cost no more than 3.1 million rand ($ 400 thousand).

Recall that in March at home in South Africa also rose in price. Increased cost of housing due to the active development of the national economy, as well as interest in real estate, which is associated with the country in the World Cup in 2010. In addition, the demand for housing (and behind him, and prices) increases under the influence of favorable conditions for the mortgage. In particular, the rates on it are the lowest since 1974.