What does a lower repo rate mean for SA’s rental market?
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 [...]
Cautious optimism about rental growth
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 [...]
Rate cut in July could bolster buyer confidence
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 [...]
No rate hike – a relief that could be short-lived?
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.
How tough 2019 Budget impacts property sector
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 [...]
SONA 2019 positive for property sector says experts
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 [...]
Status quo on rates welcomed
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.
Foreign sales up in 2018
This is has been an unprecedented year in terms of foreign sales says property leaders. Dual citizenship, whether in Europa or a tropical island – this is what well to do South Africans want when [...]
Predictions for the 2019 property market
What a year 2018 has been: from a positive start with a newly instated president to a VAT increase, record-breaking fuel hikes, a recession and blackouts as we enter the festive season.