In the current economic environment, businesses are keen to reduce debt by paying down their commercial loans.
First quarter oobarometer statistics released by ooba, South Africa’s foremost home loan comparison service, show continued robust growth in the residential property sector despite a year dominated by the Covid-19 pandemic and the ensuing economic fallout.
Buying a home is probably one of the most important - and expensive - purchases many people will make.
The current, exceptionally low interest rates in South Africa have sparked off a sudden and unexpected call for residential property bonds.
Initial predictions regarding the future of the residential property market as a result of the Covid-19 lockdown have painted a sombre picture: significant drops in house prices, more supply than demand, and people unable to afford their home loans.
Registration is now open for SA’s incisive one-day REIT event that brings together hard-hitting global and local influencers from the listed property sector.
With more than 300 delegates drawn from 30 African and international countries; this year’s conference theme is, “Realising Affordability in Global Markets”
Sentiment is a key driver of investor confidence and the residential property market is no different in this regard.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.