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

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

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

tableau1 – Building construction economic outlook

Balances of opinion, in %, SA
Building construction economic outlook
Mean* Oct. 11 Jan. 12 Apr. 12 Juil. 12
New dwelling demand –4 –23 –22 –35 –43
Expected housing starts –4 –7 –6 –18 –32
- for sale –13 2 0 –7 –7
- for rent 1 –13 –14 –27 –52
Unsold dwelling stock tendency –28 –3 –21 –10 –5
Housing average price for sale 9 3 –7 –10 –17
Downpayment –19 –31 –26 –36 –32
Financing capacity –20 –47 –53 –61 –57
  • * Mean since July 1991

Demand – New dwelling demand tendency