Friday, 15 February 2019 11:27

Predicted change is here

Herschel Jawitz, CEO of Jawitz Properties, Chris Renecle, MD of Renprop and Dr. Andrew Golding, chief executive of the Pam Golding Property group, do all agree that the residential market is in for an interesting time in 2019 in South Africa.

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The current residential market continues to reflect the state-of-the-nation and the economy, both in terms of price growth and the level of consumer and business confidence.

The residential market up until 2015 was essentially a sellers’ market driven by low interest rates, strong demand from buyers and a shortage of stock.

Thursday, 25 February 2016 12:16

Transfer duty on property

Adjustments to transfer duty on property in the 2016 national Budget are to impact only the upper end of the residential property market.

The latest ruling by the Supreme Court of Appeal relating to rates and taxes on a property is most concerning for property buyers and could have lasting implications regarding the risk of ownership. 

Dr Andrew Golding CEO of Pam Golding Property Group and CEO of Jawitz Properties Herschel Jawitz comment on the impact of the 25 basis point interest hike on the property market.

Thursday, 30 January 2014 11:36

Impact of interest rate increase on property

Property doyens comment on the impact the 50-basis repo rate increase will have on property.

Monday, 07 October 2013 14:25

Residential property market on the rise

Despite a weak economy and continued pressure on disposable income, the residential property market is showing a marked increase in activity and demand across all price levels, according to Jawitz Properties CEO Herschel Jawitz.

The low interest rate environment and slow growth in property prices make it a good time to buy from a value and affordability point of view. 

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