Is it time to move towards a more attracive buy-to-let opportunity? Yields start to rise as the residential market slows
In the 2nd Quarter of 2016, the TPN-FNB National Average Gross Residential Yield rose slightly for the 1st time since the 1st quarter of 2014.
The path to maintaining SA’s credit rating
I have previously referred to the South African economy as just muddling along – we aren’t shooting the lights out, but we haven’t sunk into the depths of a recession.
Repo rate unchanged in September
The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 7% per annum.
Consumer Price Index (CPI) eases slightly in August
The annual Consumer Price Index (CPI) eased to 5.9% in August 2016, Statistics South Africa (Stats SA) announced on Wednesday.
Real Retail Sales growth slows further in July to 0.8% year-on-year, and it looks like a stagnant economy is finally starting to bite
July Real Retail Sales growth numbers show still slower year-on-year growth, and the sharp negative growth in the highly cyclical Household Furniture, Appliances and Equipment segment of Retail may be a leading indicator of more growth slowing to come.
Spur Corporation FY headline earnings up 15.9% to R164.0m
Spur Corporation’s results for the year to June suggest the pressures facing consumers are being felt most acutely in the lower end of the market.
Current account deficit narrows to 3.1%
South Africa’s current account deficit narrowed to 3.1% of gross domestic product (GDP) in the second quarter of this year.
Continued slowdown in middle-segment house price growth
August 2016 saw year-on-year growth in the average nominal value of middle-segment homes in the South African housing market slowing down further to its lowest level in almost four years.
Property Barometer - August FNB Valuers Market Strength Index rises, but demand growth may be starting renewed slowing
In recent months, the FNB Valuers’ Residential Market Strength Index (MSI – see page 2 for description) has been through a short bout of mild demand-driven strengthening. However, month-on-month demand growth started to slow once more in August, which possibly means a near term weakening coming in the MSI.
July CPI inflation slows, but the low income groups are still being hit hard by rampant food price inflation
The July Consumer Price Index (CPI) year-on-year inflation rate slowed from a previous month’s 6.3% to 6.0%, thus sitting virtually in the 6% upper limit of the SARB’s (Reserve Bank) 3-6% inflation target range.
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