In the 4th Quarter 2017 FNB Estate Agent Survey, the secondary home demand percentage was mildly lower than in the prior quarter, representing the 3rd successive quarter of decline.

The value of outstanding credit balances in the South African household sector increased by 3,8% to R1 542,8 billion in 2017, up from a low of 0,7% in 2016.

“It was a stable start to the New Year with the Reserve Bank today announcing no change in the repo rate at the conclusion of its Monetary Policy Committee meeting, as forecast by various market commentators,” says Dr Andrew Golding, CEO of the Pam Golding Property group.

SAPOA is cognisant of the fact that to postpone ‘Day Zero’, the City launched several emergency water supply augmentation projects in mid-2017.

With people today living longer and opting for a more active lifestyle, when planning for their future retirement many have no desire to spend their latter years in a typical old age home but prefer a far more independent and active lifestyle – all within a secure location and with medical facilities readily available.

This is the second year in a row that Pinnacle Point Estate has taken the top spot, ahead of 24 other South African golf estates, including Steyn City, Fancourt (Montagu) and Pearl Valley.

National property developer FWJK has secured land in Menlyn to develop a new 85 000m² sectional title mixed use building consisting of ground and first floor retail, a 450 learner creche, multi-tenant sectional title office suites, residential apartments and luxury penthouse suites, according to Rhys Rocke, regional director of FWJK.

The Midrand market is as stable a market you could ask for in in the prevailing economy, with its burgeoning new area, Waterfall, coming up trumps thanks to a unique location, top class facilities and excellent lifestyle on offer.

There’s nothing quite like the healing power of nature when it comes to relaxation.

This year has seen a number of severe catastrophes take place across South Africa: the devastating Knysna fires in June and the storms that lashed both Gauteng and Durban in October.