Court Rules - Reserve Price Compulsory For Repossessed Homes On Auctions & Summons Need To Be Served
Category Property Market News
Repossessed houses must now be auctioned with a floor price, and sheriffs must personally serve summonses on defaulting customers.
House Price Growth Continues To Reflect Gradual Decline In Real Terms
Category Property Market News
The FNB House Price Index continues to hover in low single digit growth territory not too far from 4% year-on-year.
Agricultural in SA - Understanding the Critical Numbers & The Obvious Conclusions
Category Property Market News
SA is 121 000 000 hectares. Only 4 000 000 hectares is under summer cropland = 3.3% of total land.
Val De Vie Receives Best Multi-Generational Resort In The World Award
Category Property Market News
Val de Vie Estate has been awarded the best multi-generational resort in the world in 2018 at the recent Globals ceremony in London earlier this month.
South Africa's Affordable Market Outperforms All Other Segments
Category Property Market News
According to Lightstone, the affordable sector (valued at R700 000 or less) is by far the largest portion of the South African residential property market
SA Household Credit & Mortgage Balances Increased
Category Property Market News
The value of outstanding credit balances in the South African household sector increased by 5,1% year-on-year to R1 599,9 billion up to the end of September 201
Residential Building Activity - Building Construction Contracted Despite More Plans Approved
Category Property Market News
Private sector-financed building activity in the South African market for new housing showed continued diverging trends on specifically a segment level in the f
President Ramaphosa Appoints 10 Member Advisory Panel On Land Reform
Category Property Market News
President Cyril Ramaphosa has appointed an advisory panel on land reform that will support the Inter-Ministerial Committee (IMC) on Land Reform chaired by Deput
FNB Property Barometer - House Price And Market Volume Growth Have Begun To Slow Again
Category Property Market News
On a year-on-year basis, the FNB House Price Index’s growth rate has recently begun to slow once more.
Court Ruling Forces Banks To Auction Repossessed Homes For Not Less Than Reserve Price
Category Property Market News
Primary residences can no longer be sold by banks at auction for a pittance - putting an end to illegal bid-rigging by syndicates.