Tuesday, 08 March 2016 13:59

Property choices galore in Centurion

Centurion has come a long way from being the sleepy southern suburb of Pretoria with its smallholdings and large open spaces. Today it is one of the fastest growing cities in South Africa with a population of over 240 000.

With average selling prices of freehold residential property and sectional title homes increasing in value by 56 percent and 34.5 percent respectively from 2010 to 2015 (Lightstone statistics), Durban North’s property market strikes a chord with home buyers and instils investor confidence, particularly in the higher income group.

The household sector experienced increased financial strain throughout 2015 and in the early stages of 2016 according to Absa Housing Review.

Named after a particularly verdant valley in the hills to the west of Johannesburg, the suburb of Florida started life as a mining camp just after the discovery of gold in the 1880s and, like many parts of the city, has had quite a chequered history.

Cube Workspace opens fourth property in two years to meet increasing demand for more value and flexibility in a young, fun work environment, off the back of a buoyant office supply market.

Friday, 07 February 2014 22:04

Residential property market in 2014

Total year-on-year national house price growth was recorded at 7.4% at the end of December 2013 which was 0.15 % above Lightstone's optimistic forecast for last year.

Lightstone, a provider of comprehensive data, analytics and systems for the property industry, has launched EzScore, a new addition to its Property Information Toolkit, a comprehensive range of reports for the property industry.

National annual property inflation grew by 7.06 % in the month of September and has remained fairly stable over the last few months.

Growth among black owners in the luxury property market has soared over the last 10 years, but this change is yet to be reflected in the rest of the property market

Although house price inflation in South Africa declined last year, it was still significantly higher than other major residential property indices suggested

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