In his speech yesterday, the Minister of Finance announced that “the rates and brackets for transfer duties on the sale of property will be adjusted to provide relief to middle-income households.”

Year-on-year property statistics released by ooba, South Africa's largest bond originator, signal a favourable outlook for the South African property market in 2015.

The repo rate is to remain unchanged at 5.75%, Reserve Bank Governor Lesetja Kganyago said.

Friday, 17 January 2014 07:53

Property prices rise in December

Local property prices rise in December, as does the average bond size, according to bond originator Ooba.

Latest oobarometer reports that the average purchase price of homes in South Africa has gone up 5,2% year on year

Thursday, 26 January 2012 02:00

'Housing market to trade sideways in 2012'

Residential property prices are likely to continue to drift sideways this year, impacted by poor economic growth, according to bond originator, ooba

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