News Search

Second quarter statistics (Q2 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth year-on-year of 3.6% in the Average House Purchase Price.

South Africa’s largest bond originator, ooba, has released its property statistics for the first quarter of 2017 (Q1 2017).

2017 looks to be a challenging year for the South African property market, as quarterly statistics released by ooba, South Africa’s largest bond originator, point to ongoing affordability constraints for South African consumers.

Quarterly property statistics released by ooba, South Africa’s largest bond originator, show that residential property price growth is slowing as the supply of residential property outstrips purchasing demand.

Second quarter 2016 statistics released by ooba show nominal house price growth of 2% year-on-year compared to the second quarter of 2015.

Although ooba’s property statistics for February indicate year-on-year growth in house prices, slower year-on-year price growth trends are emerging.

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.

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.  

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

Page 1 of 2

Most Popular

How smart corporates are maximising returns by consolidating their property footprint

Sep 01, 2017
Amrod
For businesses that are seeking to be more efficient and productive, consolidating…

JSE listed Rebosis Property Fund announces R917 million B-BBEE transaction

Sep 01, 2017
Andile Mazwai COO Rebosis
Rebosis Property Fund, the JSE’s first listed black-managed and significantly black owned…

The Property Practitioners Bill set to transform the entire property market

Sep 19, 2017
Storme Heath CAF2
Gazetted in March 2017 for comment, the long-awaited Property Practitioners Bill is…

Growthpoint Properties posts forecast-beating distribution growth and achieves key strategic successes

Aug 31, 2017
Growthpoint Norbert Sasse
Growthpoint Properties today posted distribution growth of 6.9% per share for its…

Energy saving technologies will help consumers prepare for massive electricity price hikes in 2018

Sep 06, 2017
Cala van der Westhuizen
The latest ruling by the Constitutional Court, allowing Eskom to retrospectively ask the…