Property statistics for the fourth quarter of 2015 released by ooba, South Africa’s largest bond originator, show house prices continued to grow in excess of inflation as the demand for residential property remained buoyant despite a weakening economy.

Home loan market still being driven by first time home buyers.  54% of applications are currently from first time homebuyers.

If you are looking to buy a new home in the next few months, planning is essential, especially during the festive season.

November property statistics released by ooba, South Africa’s largest bond originator, show positive year-on-year property trends, despite weak economic conditions and a rising interest rate environment.  

oobainsure, the insurance arm of bond originator ooba, announced the launch of Rent Protector, a new product that will offer tangible financial benefits to tenants, landlords and agents. 

Statistics released by ooba, show that the overall demand for sectional title property has risen year-on-year (yoy) by almost 7%.

Wednesday, 23 September 2015 16:27

Reserve Bank keeps Repo rate to remain unchanged

The repo rate will remain unchanged at 6% per annum, Reserve Bank Governor Lesetja Kganyago said on Wednesday.

ooba’s first quarter 2015 results show slowing growth in property prices, but positive trends in home loan lending conditions.

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.

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