After stabilising at +3.01% in Q4 2023, national house price inflation in South Africa has inched higher in Q1 2024, rising to +3.1% in March 2024, with anticipated lower interest rates later this year and stronger economic growth likely to boost both market activity and house price growth in late-2024, according to the latest Pam Golding Properties Residential Property Index.

The South African Gross Domestic Product (GDP) decreased by 2.0% in the first quarter of 2020, Statistics SA has revealed.

Signs that the residential property market is beginning to stabilise.

A group of construction industry stakeholders has urged the industry to return to basics in order to overcome its current challenges successfully.

A new, 100%black-owned hotel operator is to soon enter the local market following a multi-million rand deal signed this week between Afrirent Holdings, Top Toyo Investments and Indalo Hotels & Leisure Management in terms of which an R280 million, focused service Hampton by Hilton hotel will be built in Sandton, Gauteng.

Gross Domestic Product for the 2nd Quarter of 2016 showed some mild improvement, returning to positive growth after a 1st Quarter contraction.

South Africa’s Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday.

The question is whether SA can support another mall.

Real Retail Sales growth for December 2015 continued to record an exceptionally healthy growth rate under the weak economic circumstances.

The South African Council of Shopping Centres says there was some welcome good news coming out of the country’s malls and retailers at the end of 2015, not with standing tough trading conditions in local markets.