Residential rental prices soar in 2021

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People Daily | by Steve Umidha


The subdued economy saw general cost of houses end on a low in the last quarter of 2020, however, the residential rental prices registered a surprise surge.

Latest figures by real estate agents Hass Consult shows that sales prices remained quiet in the months of October, November and December, in a 1.2 per cent drop.

This dip was mainly attributed to the slow economic recovery at the time, which was occasioned by the coronavirus pandemic global shocks…

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