Showing posts with category "property"

The state of South Africa’s rental housing market right now – it’s not good

Landlords continue to be under pressure as a result of an increased vacancy rate of 11.71% in the last quarter of 2021, according to the TPN Vacancy Survey for the fourth quarter of 2021.

January 21, 2022
tags
property

South Africa semigration surge: Buyers are snapping up homes and vacant land in these Western Cape hotspot areas

There has been a notable spike in semigration again since the end of the hard lockdown in June 2020 and, showing no signs of abating, December 2021 was a bumper season for real estate in most areas...

January 21, 2022
tags
property

The average purchase price for a house in South Africa right now – and bank lending behaviour

The latest data from home loan comparison service Ooba reveals that competition among the major banks in South Africa continues to surge.

January 20, 2022
tags
property

Upper-middle income South Africans are selling up to emigrate

FNB has published its latest property barometer for South Africa, showing some of the key reasons why South Africans are selling their homes right now.

January 19, 2022
tags
property

The houses you can afford on the average salary in South Africa

Before applying for a home loan, buyers need to run through a series of checks to assess whether the property of their dreams is affordable. Determining the right price range is an essential first ...

January 14, 2022
tags
property

The most popular types of property in South Africa – and why the market has a problem in 2022

The SA Reserve Bank, like other central banks around the world, is obviously keen to maintain a balance between economic growth and inflation as the economy recovers from the damage done by the Cov...

January 14, 2022
tags
property

Pictures: PwC’s old offices in Joburg are being turned into a massive 700 apartment development

Africrest Properties, a property company specialising in converting office buildings to apartments, has provided more details around its new flagship project – The Apollo.

January 14, 2022
tags
property

Mauritius enjoying renewed interest from South African buyers

Already a prime leisure and permanent residential destination for many South Africans, Mauritius is enjoying renewed interest in the pristine south-west of the island in the Bel Ombre area among th...

January 14, 2022
tags
property

What to expect from the property industry in South Africa in 2022, including continued semigration

It’s that time again, early in the new year, when we are speculating as to what 2022 may hold, in this case for the property part of the South African economy, says John Loos, property sector strat...

January 14, 2022
tags
property

Big jump in bonds for homes priced over R3 million in South Africa

The positive impact of lower interest rates is still being felt, with BetterBond reporting an almost 10% increase in bond applications for the 12-month period ending December 2021, says chief execu...

January 14, 2022
tags
property

New property laws for South Africa in February

President Cyril Ramaphosa has announced the commencement of the Property Practitioners Act (PPA) from 1 February 2022, with the Act expected to bring significant changes to the property sector.

January 14, 2022
tags
property

Property law changes planned for 2022 – here are 3 important issues you should be aware of

The issue of land and property is expected to dominate South African conversation again in 2022 as the ruling African National Congress moves forward with its plans for land expropriation without c...

January 13, 2022
tags
property