Apart from isolated cases where foreign buyers purchase local residential property they perceive as bargains, South Africa is not seeing a flood of foreign buyers despite the weak Rand.

South African Council of Shopping Centres (SACSC) sponsored research has revealed that trading at shopping centres around the country increased, significantly in some instances, in 2015.

John Loos, Household and Property Sector Strategist at FNB observes 'a tougher year for residendial mortgage lending ahead, as the residential property market slowly moves into its super-cycle “Correction”.'

The Reserve bank (SARB) Monetary Policy Committee (MPC) decided today to hike its policy Repo Rate by a further 50 basis points to 6.75%, a move that will see Commercial Banks raise their Prime rates to 10.25%.

Resilient REIT, formerly Resilient Property Income Fund expects that dividend per share will increase between 24% and 26% for the six months ended 31 December 2015.

The weeks-long relentless heat wave hitting South Africa provides a direct contrast to what is happening to the rand: a tsunami.

These rand hedge property counters‚ which receive 100% of their earnings in either US dollars‚ British pounds‚ euro or Australian dollars‚ were some of the JSE's biggest money-spinners over the past year.

South Africa’s listed property sector finished the week ended 11 October 2013 largely unchanged despite a stronger Rand and lower bond yields. 

The depreciation of the rand is estimated to spike inflation well above the 6% target, but the move would be “relatively constrained”, SA Reserve Bank Governor Gill Marcus said on Thursday.

The volatility of the listed property sector over the past two weeks can be largely explained by movements in bond yields and the rand, and given the market’s close correlation to bonds, analysts say it may remain volatile in the short term.

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