Average house cost R911 800 in April
Evan Pickworth | Johannesburg, South Africa
07 May 2007 05:42

Nominal house-price growth of 15,5% year-on-year was recorded in April from a revised 15,7% in March, according to the latest Absa house-price index. This brings the average price of a house in the survey to R911 800 in April.

The researchers pointed out that nominal house price growth was 15,6% on average when compared with the same period last year in the first four months of the year.

City to create racially integrated township

By Zinkie Sithole

Emalahleni - Construction is about to begin on a post-apartheid project, a racially-integrated township.

The proposed township in Emalahleni (formerly Witbank) in Mpumalanga will include 12 600 units, made up a mix of low-cost houses, rental flats and subsidised housing units.

“This development will bring together different people from various racial and income groups,” said Emalahleni executive mayor, Linah Malatji.

Students Design New Icons for Rotterdam South

International Master Class of 3rd International Architecture Biennale Rotterdam focuses on network of cultural community centres in Rotterdam South