In April 2012, the demand for new dwellings continues to turn sourQuaterly business survey in the real-estate development - April 2012

In April 2012, the demand for new dwellings continues to turn sour.

In April 2012, the demand for new dwellings continues to turn sour.

– Building construction economic outlook

Building construction economic outlook
Balances of opinion, in %, SA
Mean* Jul. 11 Oct. 11 Jan. 12 Jan. 12
New dwelling demand –3 –22 –23 –22 –33
Expected housing starts –4 3 –7 –6 –16
- for sale –12 8 2 0 –4
- for rent 2 –4 –13 –14 –24
Unsold dwelling stock tendency –28 –16 –3 –21 –10
Housing average price for sale 9 17 3 –7 –9
Downpayment –18 –32 –31 –26 –35
Financing capacity –19 –38 –47 –53 –61
* Mean since july 1991.

    Demand – New dwelling demand tendency