Data from the most recent FNB Property Barometer shows a residential property market that is not exactly what you would describe as being in rude health.

Sure, there are pockets that are performing well, but there are a number of warning signs for homeowners and property investors (including would-be ones).

The report says the average home loan amount, which it estimates from Deeds Office data, declined by around 3% in the second quarter. This is the first decline since 2009 – 14 years ago!

Source: Moneyweb