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Tuesday Oct 17, 2017

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.

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Monday Oct 16, 2017

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".

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Monday Oct 09, 2017

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.

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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.

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Wednesday Oct 04, 2017

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.

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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.

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Monday Oct 02, 2017

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.

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Friday Sep 22, 2017

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.

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Wednesday Sep 20, 2017

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.

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Monday Sep 18, 2017

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.

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