Friday, 30 August 2019 22:18

Hurray for 100% home loans

It seems, no matter whether you’re talking to industry professionals in the boardroom or friends around the braai, that confidence in the property market is low.

Tuesday, 20 August 2019 22:52

SARB Leading Business Cycle Indicator

SARB Leading Business Cycle Indicator – Further decline in June SARB Leading Business Cycle Indicator reading suggests likely further new mortgage lending and building weakness.

Over the past 20 years, the period 1st quarter 1999 to 1st quarter 2019, the consumer has cumulatively “outperformed the economy, assisting the Retail Property Market to outperform other major property sectors over much of this period.

South Africa suffered its worst decline in economic activity in a decade, in the first quarter of 2019.

Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year and underscore the opportunity for home buyers to capitalise on the current favourable market conditions before the market enters a decisive upturn.

New Mortgage Lending continued its year-on-year decline in the 1st quarter of 2019, with the Commercial Mortgage Lending and New Building Mortgage categories being the major “drag”

Friday, 24 May 2019 12:31

Repo rate unchanged

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced that the Monetary Policy Committee (MPC) has maintained the repurchase (repo) rate at 6.75%.

John Jack, CEO of Galetti Corporate Real Estate: "Election results set to boost commercial property prices and lower yields."

JSE listed REIT Octodec Investments Limited, today announced its half year results, declaring a distribution of 101.7 cents per share for the period.

In most cases when a person purchases a property, he will have to apply for a mortgage loan and this would be written into the offer to purchase as a suspensive condition, giving a certain time frame for the bond to be obtained by the bank and accepted by the buyer.

Page 5 of 13

Most Popular

One of Cape Town’s most iconic historic properties is for sale for the first time in many years.

Jan 16, 2025
Trovato House
Priced at R45 million thro ugh Pam Golding Properties, Trovato House is an impressive…

How to make your offer stand out in a competitive property market

Jan 16, 2025
If you’re looking to purchase a home in a sought-after suburb or estate, securing the…

The Cultural Blueprint: How to Make Your Office Not Just Look Good, But Feel Right

Jan 16, 2025
Jess Moyer Cushman & Wakefield BROLL
When it comes to designing office spaces, one size definitely does not fit all –…

Please publish modules in offcanvas position.