“While the sector has certainly fallen from its highs in May, it has gotten off relatively lightly on the whole, considering the level of increase in bond yields.”

Evan Robins, manager of Old Mutual SA Quoted Property Fund (Finweek: Short term risk in listed property, says Old Mutual)

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The Eastern Cape is coming in tops for home loan approvals

The May BetterBond Property Brief reveals a noticeable shift in the home loan approval ratio between the country’s different regions with the Eastern Cape now overtaking the Western Cape to assume the number one position with a ratio of 83.9%.