Economy

So far 2021 has been another challenging year for the South African economy, unemployment rates are at its highest levels, tourism and hospitality have been severely affected by the Covid [...]

Another rate cut would have been better but at least the current low interest rate is still encouraging buyers who are looking for a new home with more living space.

South Africa is facing long and tough road to economic recovery. Finance Minister Tito Mboweni’s Supplementary Budget maps out how this will be achieved, and it holds a number of positives for [...]

A lower repo rate offers some reprieve to homeowners but a stronger economy is what is needed to see growth in the property rental market says Jan Davel, new CEO of property management company [...]

After an extended period of slow growth for the South African rental market, indications are that the tide has turned for the better with PayProp’s Rental Index for Q1 2019 showing Q4 2018 as a [...]

The elections are over but activity in the property market has remained slow which isn’t surprising with consumers battling rising costs in an almost stagnant economy – FNB economist Siphamandla [...]

The property sector, with the rest of South Africa, welcomed the recent decision by the Monetary Policy Committee of the Reserve Bank to keep the repo rate unchanged but it could be short-lived.

Although disappointed that Finance Minister Tito Mboweni’s 2019 Budget Speech didn’t offer any relief for the property market or for consumers, property experts found much reason to feel [...]

President Cyril Ramaphosa’s second State of the Nation address (SONA) still left the industry with some uncertainties, most notably what will happen with the expropriation of property without [...]

Property experts welcomed the recent announcement that the interest rate will remain unchanged – here’s why this and other factors are improving the outlook for 2019.