Growthpoint Properties today posted distribution growth of 6.9% per share for its half-year to 30 June 2017, taking its full-year distribution growth to 6.5% per share and delivering results ahead of its market guidance.

Outstanding credit balances in the South African household sector increased by 3,3% yearon-year (y/y) to a level of R1 514,8 billion in the seven months up to the end of July 2017 on the back of trends in secured and unsecured credit balances.

Periods of strong housing market price growth can often be a cause for concern.. 

Running for its eighth consecutive year, the Africa Property Investment (API) Summit & Expo, which takes place at the Sandton Convention Centre this week (Thursday 24 and Friday 25th August 2017), promises to put Africa’s retail sector in the spotlight.

Saturday, 29 July 2017 marked the start of an exciting new era for Sun Meropa with the official unveiling of a new hotel at the complex.

Zambia’s real estate sector is looking forward to a new chapter as it begins to leverage off opportunities in the steadily growing economy.

Second quarter statistics (Q2 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth year-on-year of 3.6% in the Average House Purchase Price.

Low growth in household credit and mortgage balances in the first half of 2017, with home loan repayments showing homeowner financial strain.

The countdown to the 2017 South African Institute for Black Property Practitioners (SAIBPP) Annual Convention & Property Indaba has begun.

Home buyers and those with mortgages will be encouraged by today’s announcement by the Monetary Policy Committee of a 25 basis point reduction in the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.