Fourth quarter (Q4 19) statistics released by ooba, South Africa’s leading home loan comparison service, show minimal growth of 1.8% in the Average House Price year-on-year from Q4 18 to Q4 19. The Average Purchase Price of First-time Buyers performed marginally better, up 2.5% for the same period.
With the political, economic and social landscape in South Africa being what it is, i.e. dynamic but riddled with challenges.
Against the backdrop of a persistently sluggish economy, subdued market confidence and lower-than expected inflation.
On a year-on-year basis, Total Restaurant, Catering and Take-Aways Retail Sales Income growth recorded 5.2% in September.
This week’s SARB interest rate decision not expected to change property market conditions meaningfully.
Following the successful completion of their 35th Annual Conference, the members of the African Union for Housing Finance together agreed on a Cape Town Declaration on Housing Finance, at their Annual General Meeting on 6 November 2019.
Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its results for the year ended 31 August 2019.
Oversupply doesn’t mark the end of investment opportunities in South African retail sector, says JLL JOHANNESBURG, November 2019 .
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