n Investment Analysts Journal - Forecasting South African house prices

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Extracted from text ... Forecasting South African house prices Investment Analysts Journal - No. 64 2006 27 Forecasting South African house prices 1. INTRODUCTION* Property analysts are continuously speculating as to whether the current boom in the South African residential property market is, in essence, an impending bubble waiting to burst. A repeat of the crash that befell the market during the early 1980s is feared. Nevertheless, the general consensus is that a downward correction or, at the very least, a stabilization of the house prices is inevitable as the affordability of housing decreases. However, the exact timing of this correction is unknown, ..


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