“South African yields have weakened as a result of both the global trend as well as the weaker rand and poor foreign demand… We’re at the mercy of social tensions and knock-on negative offshore sentiment amid U.S. strength.”
Brigid Taylor, head of institutional flow sales at Nedbank Group Ltd (Bloomberg News Bond: Yields Rise as Weak Rand Sparks Selloff)
It has recently come to light that, in addition to the so-called ‘accreditation fees’ many HOAs are “forcing” agents to contravene the PPA by penalising sellers by refusing to release clearance certificates if the agent refuses to pay either their ‘fee’, or a fine for not being registered with the estate.
The Reserve Bank’s MPC elected to leave the repo rate unchanged at 8.25%; what are the implications for the property market? Industry leaders weigh in.
The November BetterBond Property Brief is out and Dr Roelof Botha shares several factors that point to an economically stronger 2024.
Last week, a Nelson Mandela Bay estate agent found himself at the centre of a hostage situation, as reported in The Herald. Jan le Roux, CE of Rebosa, advises agents on how to stay safe while doing their jobs.