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%.

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.

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

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