House price growth set to slow further: ABSA
Based on the outlook for the global economy and domestic growth, inflation, interest rates and the consumer sector, house price growth is forecast to remain relatively low this year, while prices are...
View ArticleCostly property-related blunders
Given that the average price of homes in SA being R800,000 and most individuals financing their homes by means of hefty bonds, Jenny Rushin, Provincial Sales Manager at ooba, advises that further costs...
View ArticleFirst time buyers turn out to be source of demand in 2011: FNB
Although growth in total residential transactions volumes slowed in 2011, following a surge in 2010, the FNB Estate Agent Survey points to 2011 having been a significantly better year for 1st time buyers.
View ArticleStudent accommodation developments breathing new life into city centres
Property developers are rejuvenating city centres across the country by turning old office blocks into upmarket accommodation for university students.
View ArticleWhy not group your earnings for investment?
Interest rates are low. Prices are low. Affordability is up, So why aren’t consumers and investors snapping up properties at a rate of knots?
View ArticleHouse price growth continues to slow in 2012
The year 2011 was one of slow house price growth after the "mini-recovery" of 2010, and 2012 promises to be "more of the same" according to John Loos, FNB Home Loans.
View ArticleGood opportunities but slow growth in 2012
2012 can be expected to bring a continuing escalation in consumer demand for better service, better information and better value for money, in real estate as well as other economic sectors, as the...
View ArticleFundamentals growing favourably for home buyers
House prices and interest rates have fallen to such a great extent, that the monthly cost of owning a home is now more affordable than at any point in the past 15 years and less expensive than renting...
View ArticleResidential property industry faces another challenging year
With another sluggish year likely for residential property in South Africa, estate agencies are facing a challenging twelve months.
View ArticleLower end appears to have had the healthier fundamentals in 2011:FNB
The FNB Estate Agent Survey suggests that the metro market segment that agents define as the Lower Income Segment showed the strongest demand-supply “fundamentals” of the 4 “suburban” income segments...
View ArticleBorrowers in the pound seats as bank battle restarts
There are strong indications that, after a three-year lull, the Battle of the Banks for home loan market share is about to heat up again – to the benefit of homebuyers and the property market in general.
View ArticleFirst time buyers turn out to be source of demand in 2011: FNB
Although growth in total residential transactions volumes slowed in 2011, following a surge in 2010, the FNB Estate Agent Survey points to 2011 having been a significantly better year for 1st time buyers.
View ArticleBorrowers in the pound seats as bank battle restarts
There are strong indications that, after a three-year lull, the Battle of the Banks for home loan market share is about to heat up again – to the benefit of homebuyers and the property market in general.
View ArticleInterest rate remains untouched
Given the current state of both the economy and the residential property market, the decision to keep interest rates where they are was to be expected.
View ArticleInterest rate reduction would have provided further confidence boost
With continued lethargic economic growth prospects, a reduction in the interest rate would have been welcome not only from a general perspective but also would have provided a further confidence boost...
View ArticleLittle property growth expected in 2012
Early forecasts point to another disappointing year for property, in the wake of lingering macro issues that continue to plague the world economy.
View ArticleNext large-scale property valuations would spell more bad news for home owners
Following a recent media report that the next large-scale national property valuation is on the cards, Seeff Chairman, Samuel Seeff says that if this is the case, it would indeed spell more bad news...
View ArticleBoomers worth their weight in gold
Although it is the Generation X population, which consists of adults between the ages of 31 and 45, that are leading the property market recovery, baby boomers are making their presence felt in the...
View ArticleBest buyers’ market in decades
With the property market outlook set to remain relatively flat, Seeff Chairman, Samuel Seeff says that this is probably one of the best buyers’ markets in decades.
View ArticleResidential property market to reflect SA economy for 2012
The residential market in 2012 will, for the most part, mirror the performance of the South African economy which is holding its own despite global trends
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