During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.

South Africans are not only buying more homes, as the interest rate holds steady at its lowest in more than 50 years, they are also buying “more home”

Tuesday, 06 October 2020 22:24

Inospace acquires its 26th business park

The record-low interest rate and favourable lending environment has spurred Inospace, a leading owner and operator of business parks, into acquisition mode.

Tuesday, 06 October 2020 22:09

What’s making the rand tick?

The rand has been surprisingly strong since early April, with a few reversals along the way. What is driving this and how long can it last?

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year. 

Further repo rate cut would have provided relief for economy and boosted housing market, says Dr Andrew Golding.

All eyes will be watching to see how the latest GDP figures impact the MPC’s interest rate decision next week, as well as eagerly awaiting the upcoming October Medium-Term Budget Policy Statement (MTBPS).

So asks Dr Andrew Golding, chief executive of the Pam Golding Property group.

If you’re considering selling your home, now is a good time to do it. The combination of record low interest rates, and a surge in buyers looking to buy new homes since the end of the hard lockdown, means the local property market is ‘extremely attractive’ for sellers, says residential property experts  Leadhome.

With the interest rate at its lowest in decades, after the welcome announcement today of a further 25 basis points drop in the repo rate, it may now be more financially prudent to buy rather than rent a home.

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