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Wednesday Mar 17, 2021

Court finds against EAAB in battle for FFCs

In a scathing judgement handed down from the High Court on 15 March, the failure of the Estate Agency Affairs Board (EAAB) to issue Fidelity Fund Certificates (FFCs) to the applicant estate agents has been found without merit. This comes after urgent application from the Real Estate Business Owners of South Africa (REBOSA) as a last resort to assist real estate professionals still awaiting the issuance of their FFCs for 2021.

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Job losses expected to dampen market demand

The anticipated release of more housing stock into the housing market and large-scale job losses among middle-income earners are expected to have a dampening effect on property market activity and prices in the coming months.

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Fraction of qualifying buyers apply for subsidy

The goverment's Finance Linked Individual Subsidy Programme (Flisp) works well to provide homes for firsttime low-income buyers and meet the governmentÂ’s social housing objectives, but the process to access the subsidy needs to be made easier.

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Wednesday Mar 10, 2021

Tough times for landlords

Not only are landlords dealing with financially strapped tenants, but also with a weak demand for their properties as those tenants who are in strong financial positions look to buy their own homes.

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Estate Agency Affairs Board welcomes forensic audit

The Estate Agency Affairs Board (EAAB) has welcomed the forensic audit instituted by the Minister of Human Settlements, Water and Sanitation into its affairs.

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Tuesday Mar 09, 2021

Escape the pandemic by buying in Mauritius

In contrast to the unsettling pandemic figures seen around the world, the tropical island paradise of Mauritius has managed to keep a very firm grasp on the spread. Residents and visitors willing to accept the terms of entry are free to carry on with their daily lives with minimal fear of contracting the virus.

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No increases for our portal advertisers - IOLProperty

The IOLProperty Portal - one of the the longest established property portals in South Africa and ranked number 3 in the country - has for the second year in a row not increased its price to users.

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Payprop rental index shows record low growth in 2020

In November, for the first time since the Index launched in 2012, growth was negative - the average rent was 0.3% lower than in November 2019.

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