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Airbnb oversupply causes return to traditional letting

The sheer number of traditional homes and cottages being offered as an Airbnb option have had some really interesting consequences in the market place.

Posted at 07:48AM Oct 17, 2017 by Editor in Market  | 

Buyers - and sellers - urged to do their homework before signing an offer

Buyers are urged to carefully assess the properties they consider purchasing before making an offer as, despite legislation protecting them in cases where the true state of properties are hidden, they still need to "beware".

Posted at 04:23AM Oct 16, 2017 by Editor in Market  | 

House price growth still slowing

House price growth in South Africa continues to slow, and could potentially be less than 2% over the next 12 months.

Posted at 09:30AM Oct 09, 2017 by Editor in Market  | 

Cheaper to be first-time buyer in Gauteng

Gauteng remains the best province for first-time buyers to step on to the property ladder while, in stark contrast, aspirant young buyers in the Western Cape struggle to afford to buy.

Posted at 06:54AM Oct 09, 2017 by Editor in Market  | 

Properties remain on market longer

The average time a home remained on the market before it was sold increased further by two days to 15 weeks and six days in the third quarter, indicating the market appeared to be gradually drifting away from equilibrium and price realism, according to FNB.

Posted at 09:55AM Oct 04, 2017 by Editor in Market  | 

Proposed property bill 'presents many challenges'

The proposed Property Practitioners Bill has wide-ranging challenges which will hopefully be addressed in a second draft before it is implemented.

Posted at 08:50AM Oct 04, 2017 by Editor in Market  | 

Petrol price increase will impact property market

Next month's expected fuel price hike - largely due to a sharp rise in crude oil prices - will have direct and indirect effects on the property market, says Richard Gray, chief executive of Harcourts Africa.

Posted at 05:49AM Oct 02, 2017 by Editor in Market  | 

Rates decision 'very disappointing for economy and property'

Yesterday's decision to retain the repo rate is very disappointing for the economy and property market, said Samuel Seeff, chairman of the Seeff Property Group.

Posted at 05:29AM Sep 22, 2017 by Editor in Market  | 

Proposed Property Practitioners Bill will have far-reaching effects

If passed into law in its present form, the long-awaited Property Practitioners Bill will have far-reaching effects in the real estate industry, but will also provide for improved consumer protection.

Posted at 08:41AM Sep 20, 2017 by Editor in Market  | 

House price growth now below inflation

The South African property market is in for some turbulent times as a struggling economy and low growth prospects put increasing pressure on owners.

Posted at 09:50AM Sep 18, 2017 by Editor in Market  |