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Wednesday Feb 10, 2016

'How to bounce back from overpricing a property'

Accurately valuing a property is as much an art as it is a science, and finding that magical number can have a dramatically positive effect on the ease and speed of a sale.

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Monday Feb 08, 2016

Bad state of household finances shows in housing sector

Consumers may be starting to cut back on non-essential or luxury expenditure items, including value-adding upgrades to their homes, because of the deteriorating economic environment and distressed state of household finances.

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Tuesday Feb 02, 2016

Weak economy puts brakes on SA's property price growth

Average house price growth was expected to slow from 6 percent last year to 4.8 percent this year and 3.8 percent next year because of the poor economic environment and its negative impact on household income growth, according to First National Bank (FNB).

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Monday Feb 01, 2016

Interest rate hike dents property sales

New vehicle and house sales, the two big ticket items of households, are set to be dented by the latest hike in interest rates and expected further rates increases this year.

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Friday Jan 29, 2016

Average age of property buyers rises with prices

Affordability issues have pushed up the average age of residential property buyers to above 43 years old from levels near 40 years old in 2007, and reduced the average monthly volume of transactions to about a third of the peak in late 2003.

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Tuesday Jan 26, 2016

Property prices forecast to be eclipsed by inflation

Without a significant positive economic turnaround, national house price inflation this year will drop below the consumer price index (CPI), resulting in a loss of real wealth for the majority of homeowners for the first time since 2011.

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Tourists prefer guesthouses and farms over hotels

Statistics SA yesterday released data from a survey, which shows that guesthouses and guest farms were the leading accommodation of choice for tourists, more so than hotels, last year.

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Friday Jan 22, 2016

Cape holds its own in slow property market

The Western Cape's residential property market is holding its own despite reports of growth nationwide being slowed by inflation, say property experts.

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Thursday Jan 21, 2016

Tough times hit property market

First time buyers will have a tough time purchasing property as looming interest rate hikes and food price increases are predicted for 2016.

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Rental demand set to rise in 2016 as property-buying declines

Landlords can look forward rising rental demand in 2016, and this may well increase the number of investors who see good opportunities in buying homes to let.

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