Residential Activity Rating strengthens in the 1st quarter of 2018, after 3 prior quarters of decline, but the strengthening was very much a Gauteng story
There have been signs of significantly improved economy-wide sentiment early in 2018, an improvement that many link to the change in the ruling party’s leadership, which translated into a change in the country’s President too.
The SARB MPC is expected to announce a 25 basis point reduction in its policy Repo rate on Wednesday, boosting consumer confidence and housing demand mildly
Our Firstrand expectation is for a 25 basis point interest rate cut in the SARB’s Repo Rate, when its Monetary Policy Committee (MPC) meeting concludes on Wednesday. Should this happen, it would lower the Repo Rate to 6.5%, and the Prime Lending Rate of banks to 10%.
The UK’s Department for International Trade (DIT) Pledges Billions in Support of African Infrastructure
The United Kingdom’s Department for International Trade (DIT) says it has the ability to facilitate the provision of billions of Pounds Sterling in lending and guarantees to African countries to help them address a chronic infrastructure backlog that the World Bank estimates to be about US$93 billion a year in the Sub-Saharan region alone.
The FNB House Price Index’s year-on-year growth slowed in January, after prior months of acceleration
In January 2018, the FNB House Price Index showed a slowing in year-on-year growth compared with the revised December 2017 rate.
eThekwini Municipality's GO!Durban Prepares for Start of Service in Latter Half of 2018
This year marks a significant milestone for the City as the eThekwini Municipality prepares for the much-anticipated start of service of the first route of the new GO!Durban integrated public transport network from Pinetown’s CBD to KwaMashu’s Bridge City.
Small businesses to benefit from groundbreaking new partnership between the Department of Small Business Development and Property Point, a Growthpoint initiative
In a landmark partnership for collective economic growth in South Africa, the Department of Small Business Development (DSBD) is joining forces with Property Point, a Growthpoint Properties initiative, to develop more small businesses for South Africa’s property sector.
SAPOA concerned over rates increases at municipal level
Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.
How does the 2018 Budget affect the property market?
Those hoping for good news for the South African property market in the 2018 budget speech were likely disappointed by the lack of change to the sector’s key influencing factors.
The African hotel market experienced another eventful and evolutionary year in 2017
The continent continued to attract new regional and global investment, whilst economic and political events, currency shifts and fluctuating tourism demand brought both risks and rewards to hotel markets across the region.
Strong house price rises continue in Europe, US, Canada and parts of Asia
The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.