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Friday Mar 30, 2012

John Loos shares views on property prospects

Since holding a networking breakfast some three weeks ago, Dianne Brock, manager of the Western Cape Institute of Estate Agents of South Africa (IEASA), has received numerous requests to summarise the residential property update given by John Loos, the FNB economist, at the breakfast.

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Many eThwekwini property owners lose free water quota

eThekwini residents, already looking at a water tariff increase of 12.5 percent, have now been blindsided by the loss of the free nine kilolitres of water they used to enjoy.

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'Not all properties overvalued'

Another high profile Cape estate agency CEO, Anton du Plessis of Vineyard Estates, has now commented on the much discussed Erwin Rode statement about the 25% overvaluing of SA residential property.

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