Western Cape Increases Share Of SA Property Market To 27% & Gauteng Drops From 43% to 39%
Category Property Market News
A weak South African economy and high interest rates impacted on the South African residential property market
BREAKING NEWS: Interest Rates Kept Unchanged by SA Reserve Bank - Prime Rate Remains 11.75%
Category Property Market News
The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) on Thursday, 21 September voted to keep interest rates on hold.
TPN Rental Report - Number Of Residential Tenants In Good Standing Declined For 3 Quarters In A Row
Category Property Market News
Despite weak consumer disposable income levels due to rising and high interest rates
Is SA Residential Rental Market Ready For Rental Increases?
Category Property Market News
It's official: inflation in South Africa is down! In May 2023, headline consumer inflation fell to 6.3% from 6.8% in April 2023, and is now the lowest it's been
BREAKING NEWS: SA Reserve Bank Keeps Repo Rate Unchanged - Prime Rate Remains 11.75%
Category Property Market News
The SA Reserve Bank's monetary policy committee left interest rates unchanged
Prime Lending Rate Increased By Reserve Bank From 11.25% to 11.75%
Category Property Market News
As economists and investment specialists expected, the Reserve Bank's Monetary Policy Committee (MPC) hiked the prime rate for a 10th consecutive time
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.