With inflation currently below the mid-point of the Reserve Bank’s inflation target and economic growth remaining sluggish, the Monetary Policy Committee kept the repo rate steady at 6.75%, as expected.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

No quick fix for SA’s Budget, but there’s some hope….

Friday, 15 February 2019 11:27

Predicted change is here

Herschel Jawitz, CEO of Jawitz Properties, Chris Renecle, MD of Renprop and Dr. Andrew Golding, chief executive of the Pam Golding Property group, do all agree that the residential market is in for an interesting time in 2019 in South Africa.

After an unexpectedly tough 2018, but with the welcome announcement that the repo rate remains unchanged following this first MPC meeting of the year, the outlook for 2019 is somewhat brighter.

With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision today (20 September 2018) not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.

Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

South African property icon and leading businesswoman, Mrs Pam Golding (90), founder and Life President of the Pam Golding Property group, passed away peacefully on 3 April 2018 at her home Wittebomen in Constantia.

Page 1 of 6

Most Popular

Sun International’s Wild Coast Sun achieves Zero Waste Rating by Green Buildings Council of South Africa

Mar 22, 2019
SUN
Sun International’s Wild Coast Sun has received a Net Zero Waste rating by the Green…

The Port of Ngqura – Nurturing its green status

Mar 26, 2019
GREEN 1
Transnet National Ports Authority’s (TNPA) Port of Ngqura is the only port with a green…

Divercity’s Jewel City project brings six Joburg CBD blocks to life with strategic urban rejuvenation

Mar 26, 2019
DIVERCITY JWEL CITY 1
Construction of Divercity Urban Property Fund’s iconic Jewel City redevelopment is…

SARB expected unchanged rate decision property neutral, but market likely to continue gradual real correction

Mar 26, 2019
FNB John Loos
In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC)…

South African household sector increased by 5,9% year-on-year (y/y) to R1 653,3 billion up to the end of February 2019

Mar 30, 2019
Jacques Du Toit Absa Home Loans
The value of outstanding credit balances in the South African household sector increased…

Please publish modules in offcanvas position.