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We compile 5 FNB Area Value Band House Price.
If private- and public-sector land investment in our cities concentrates on keeping the haves away from the have-nots, urban sprawl will be encouraged, Professor Edgar Pieterse, told Green Building Convention 2017 delegates at Century City in Cape Town last week.
Brainworks Limited (“Brainworks”) debuted successfully on the JSE Main board under the “Equity Investment Instruments” sector earlier this morning under the abbreviated name “Brainwrks”, [JSE code: BWZ].
South Africa is unlikely to have growth above 1.5% in the next two years, the Reserve Bank said on Wednesday.
Outstanding credit balances in the South African household sector increased by 3,4% year-on-year (y/y) to R1 520,2 billion in the period January to August 2017.
The properties division of JSE-listed ADvTECH, Africa’s leading private education provider, has embarked on an aggressive growth and development strategy on the continent, which will see the group’s asset base expand to R6 billion by 2022.
Property, whether directly held or listed, was the darling of South African investors over the past decade and longer.
The repo rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.
SARB leaves Repo Rate unchanged after only 1 x 25 basis point cut in the current cutting cycle. Weak consumer confidence likely to remain, and shift to a more cautious consumer expected to continue says John Loos, Household and Property Sector Strategist.
Examining recent years’ of improvement in both the Household Sector Debt-to-Disposable Income Ratio (decline) as well as the Household Sector Net Savings Rate (rise), it would appear that weak consumer confidence levels in a stagnant economy are encouraging households as a collective towards a more cautious financial approach.