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Property market in decline

While South Africa is currently in a recession, the property market has been on the decline for a number of years, say property economists.

Posted at 09:41AM Jun 29, 2017 by Editor in Market  | 

New law to regulate property practitioners

A new proposed Property Practitioners Bill is set to replace the current Estate Agency Affairs Act.

Posted at 09:33AM Jun 29, 2017 by Editor in Market  | 

The metamorphosis of the estate agency

Estate agencies say they have stood the test of time and will continue to do so "as long as we continue to evolve and innovate our offerings, both to our clients and our agents."

Posted at 01:37PM Jun 27, 2017 by Editor in Market  | 

Many property buyers don't understand the 72 hours clause

As with many aspects of South African property law, the general public often know about the 72 hours clause but frequently do not fully understand it and its implications.

Posted at 07:19AM Jun 26, 2017 by Editor in Market  | 

The gap widens between asking price and selling price

The differential between the listing price and selling price of homes in the current market can be as much as 30%.

Posted at 09:23AM Jun 22, 2017 by Editor in Market  | 

EAAB protects against unscrupulous agent behaviour

According to a Homeowner Insights study conducted by Absa and Columinate in 2016, only 16% of people selling their properties trusted their estate agents.

Posted at 08:38AM Jun 21, 2017 by Editor in Market  | 

Building plan data show that people are downsizing

The real value of building plans passed by larger municipalities in the first four months of 2017 declined by 21.9 percent year-on-year.

Posted at 09:52AM Jun 20, 2017 by Editor in Market  | 

Home buying expected to take turn for worse

South Africa's credit rating downgrade and the current economic downturn and the current economic downturn is slowly starting to impact the country's property market, with house price growth and levels of home buying expected to soon take a turn for the worse.

Posted at 08:40AM Jun 19, 2017 by Editor in Market  | 

'Cut your price – and get the jump on other sellers'

Just about everyone knows now what happens when a home for sale is overpriced - but no-one wants to think that it could happen to them.

Posted at 06:28AM Jun 19, 2017 by Editor in Market  | 

Property - Asset or expense?

Is property an asset or expense? At first glance, the question seems to be simple to answer, of course, property is an asset. However, there is more to it than initially meets the eye.

Posted at 05:46AM Jun 19, 2017 by Editor in Market  |