Building confidence drops to below 30 in Q2
The FNB/BER Building Confidence Index lost 14 points to register a level of 29 in 2Q2018. This is the lowest since 2Q2012.
FNB/BER confidence index rises by 12 points in the 1st quarter of 2018
Building confidence rises by 12 points in Q1
Pam Golding Properties sales begin on a high note
“It was a stable start to the New Year with the Reserve Bank today announcing no change in the repo rate at the conclusion of its Monetary Policy Committee meeting, as forecast by various market commentators,” says Dr Andrew Golding, CEO of the Pam Golding Property group.
Builder confidence moves lower in Q4
The FNB/BER Building Confidence Index fell to 31 in 4Q2017, from 35 in 3Q2017.
FNB's 2 measures of Real House Prices continue the gradual "correction"
According to StatsSA CPI (Consumer Price Index) figures, residential rental inflation has been outstripping average house price inflation of late.
The Sectional Title Housing Market Segment still outperforms the Full Title Segment, widening the price inflation gap between the 2
The Sectional Title Home Market appears to be opening up a wider gap in terms of the house price inflation differential between itself and that of the Full Title Home Market.
The ageing groups of home owners remain a force to be reckoned with in tougher economic times
The 3rd Quarter 2017 FNB Estate Agent Survey continued to point strength in levels of those sellers believed to be selling homes in order to downscale due to “life stage”.
The Luxury Area Value Band has seen the most noticeable price growth slowdown since 2014, while the Lower End has done a little better of late
We compile 5 FNB Area Value Band House Price.
National asking price realism deteriorates further, but Gauteng remains the most price-realistic of the Major Metro regions
On a national average basis, a continuation of the gradual rise in average time of homes on the market prior to sales points to a housing market moving away from equilibrium, and into a space where supply exceeds demand.
John Loos comments on the unchanged Repo Rate
SARB leaves Repo Rate unchanged after only 1 x 25 basis point cut in the current cutting cycle. Weak consumer confidence likely to remain, and shift to a more cautious consumer expected to continue says John Loos, Household and Property Sector Strategist.
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