Snapshot Of First-time Homeowners In SA Residential Property Market
Category Property Market News
First-time homeowners in South Africa are according to Lightstone entering the market at a later or older age than ever before - they spend more on their houses
Landlords Needs To Make Rental Property Stand Out - Despite Hiked Demand In SA
Category Property Market News
The South African consumers' belt tightening in a weak economic environment has led to a cyclical reaction against unnecessary spending, due to i.a. rising inte
80% Of SA's Top 10 Suburbs With Highest Property Values Are In The Cape Town Area
Category Property Market News
Cape Town and surrounding areas have 8 of the Top 10 suburbs and estates in South Africa when it comes to highest average property values - based on sales trans
Average SA Residential Rent Up By 3,4% To R8 175 - 18,1% Tenants Still In Arrears
Category Property Market News
In 2022, the rental market continued to recover from the low rental growth rates recorded in most of 2020 and 2021 because of the global pandemic.
Reserve Bank Hiked Interest Rates By 0.25% - Home Loan Prime Rate Now 10.75%
Category Property Market News
As was predicted by economists, academics and analysts, the SARB has announced a 0.25% interest rate increase.
South African Residential Rental Market - Q3 2022 - Payprop Rental Index Report
Category Property Market News
PayProp's quarterly Rental Index for Q3 2022 has highlighted continued growth in the residential rental market with a 2.9% year-on-year increase
SA Reserve Bank Increase Prime Lending Rate To 10.5% - Repo Rate - 7%
Category Property Market News
Yesterday the SARB announced yet a further increase in the lending rate by 75 basis points.
Semi-gration to the Top30 Local Municipalities - Better Management & Maintenance Attracts Investment
Category Property Market News
A semi-gration to the Western Cape property market trend has been detected by Property Practitioners and confirmed by the statistics during the last 5 years
ABSA and Standard Bank Launched First-Time Buyer Campaigns - Loans up to 105%
Category Property Market News
The reserve bank has just announced a further 75 basis points increase in the interest rate (0.75%).
SA Residential Rental Market - TPN Snapshot Report 2022
Category Property Market News
Demand for residential properties saw recovery during Q1 2022 with the market's vacancy rate recuperating to 8.26%, compared to 13.31% a year earlier