These new trends are fuelling Cape Town’s property growth
Business Tech » Property
by Staff Writer
1y ago
Residential property developments dominated the Cape Town CBD property sector in 2021, with several residential or mixed-use developments coming on stream ..read more
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The Cinderella of Joburg’s property market
Business Tech » Property
by Staff Writer
1y ago
Long overshadowed by the more ‘prestigious’ northern suburbs, Johannesburg East is finally shedding its Cinderella mantle with a sharp increase in the value and volume of sales and Ekurhuleni now emerging as Gauteng’s rising star and development hot spot ..read more
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Bad news for home owners in South Africa
Business Tech » Property
by Staff Writer
1y ago
South Africans are facing unprecedented financial pressure, with inflation at a 13-year high of 7.8% as of July, says Tony Clarke, MD of the Rawson Property Group. Food, fuel and transport have all reached record levels in recent months. Some basic food items have seen increases of more than 100%. With little control over contributing ..read more
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How much more you will pay on your bond after South Africa’s latest interest rate hike
Business Tech » Property
by Staff Writer
1y ago
Homeowners and consumers are in for more belt-tightening as the interest rate rises for the sixth successive time with the Reserve Bank hiking the repo rate by another 75 basis points to 6.25 ..read more
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Big economic shift to Cape Town spells trouble for Gauteng
Business Tech » Property
by Staff Writer
1y ago
Rising inflation and several interest rate hikes have many in South Africa trying their best to keep their costs down where possible - and this also reflects in their homebuying behaviour ..read more
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Average house price in South Africa vs 15 years ago
Business Tech » Property
by Staff Writer
1y ago
The has been a sharp rise in the average purchase price over the last few years as a result of the impact of aggressive interest rate cuts in the early months of the pandemic and competitiveness among financial institutions, says Ooba ..read more
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South Africa property industry sends warning to homeowners
Business Tech » Property
by Staff Writer
1y ago
As we approach what is likely to be another steep rate hike for consumers and homeowners, Samuel Seeff, chairman of the Seeff Property Group warns that another rate hike shock will be dire for the property market and economy ..read more
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Joburg targets new mega property development projects
Business Tech » Property
by Staff Writer
1y ago
The city of Johannesburg has announced the re-establishment of its Property Release Programme ..read more
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Ultra-rich South Africans are bailing on Joburg, Cape Town and other top cities
Business Tech » Property
by Staff Writer
1y ago
South Africa's economic hubs have reported a significant loss in wealthy people over the past year ..read more
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Workers are returning to the office – and it’s causing headaches for landlords
Business Tech » Property
by Staff Writer
1y ago
Recent building confidence data from FNB and the Bureau of Economic Research shows that building confidence in the residential sector and non-residential sector has changed significantly ..read more
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