What makes the city attractive from a property point of view is the large variety in terms of developments as well as the continual demand for accommodation created by the army base, hospital and university. 

Due to the current economic conditions fewer people are able to purchase a home – albeit it to live in or to buy-to-let. 

As the end of 2012 approaches buyers and sellers are looking to industry leaders to predict what is to happen in the residential property market in 2013. At present market analysts from both ABSA and FNB predict more of the same; the same stability, the same low growth rates. 

As the CBD of Johannesburg expands more and more, areas around it have seen increased demands for housing, areas such as Ruimsig, Honeydew and Midrand.

The United States has long held sway over the global economy and as such its welfare has had far reaching implications for the rest of the world. Cue the sub-prime mortgage crisis in 2007 which effectively crashed the US housing market, and of which the effects are still very much in evidence, particularly in America and parts of Europe.

No one could claim that the South African property market has done well in 2011. Sellers are finding that their estimated prices need to be lowered; buyers are eager but struggle to buy with banks hesitant to approve home loans