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The Reserve Bank on Thursday kept the repo rate unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said.
According to StatsSA CPI (Consumer Price Index) figures, residential rental inflation has been outstripping average house price inflation of late.
JSE listed REIT Octodec Investments Limited today announced full year results achieving modest distribution growth of 0.8%, and declaring an annual cash dividend of 203.1 cents.
The value of outstanding credit balances in the South African household sector continued to show relatively low growth in the first nine months of 2017, rising by 3,3% year-on-year (y/y) to a level of R1 522,6 billion.
Property, whether directly held or listed, was the darling of South African investors over the past decade and longer.
Second quarter statistics (Q2 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth year-on-year of 3.6% in the Average House Purchase Price.
When deciding to buy a home, there are a few things a purchaser will have to consider.
South Africa’s downgraded status by international agencies is likely to have significant impact on the construction industry as the cost of credit rises, particularly in existing contracts.
Equites Property Fund Limited today announced a 14% increase in full year distributions to 110.37 cents per share.
JSE-listed diversified real estate investment trust Redefine Properties has delivered another solid performance after increasing its distribution by 7.5% to 44.82 cents per share for the six months to 28 February 2017.