SA tops property returns league
SA Property News:
South Africa saw the highest property returns in the period between 2001 and 2005, according to new research.
The South Africa’s return in Rand terms stood at 30.1 percent, while Ireland came in second place with 24.5 percent, the Investment Property Databank (IPD) International Global Index reveals.
Returns in South Africa and Ireland were prominent when compared to the worldwide average of 15.5 percent.
Property returns were also over 20 percent in the US, the Sunday Times reports.
After currency conversion, Canada was found to be in first place, with the US and South Africa following behind.
Category : Property News