Private sector-financed building activity (see explanatory note) in the South African market for new housing showed continued diverging trends on specifically a segment level in the first eight months of 2018, which caused the planning phase of new housing to have improved whereas the construction phase has contracted over this period.

Data published by Statistics South Africa with regard to private sector-financed residential building activity (see explanatory note) showed that the planning phase of new housing improved in the first seven months of 2018, whereas the construction phase contracted.

Properties in security estates have become increasingly sought-after in recent years, providing a sense of safety and tranquillity that can be difficult to find in freehold neighbourhoods.

The planning phase of residential building activity improved in the first half of 2018, but the construction phase contracted sharply.

Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.

Residential building activity in the South African market for new housing remained relatively subdued in the first four months of 2016 compared with the corresponding period a year ago.

The Standard Bank house price index improved by 8% year on year in July‚ from 7.8% year on year in June‚ Standard Bank said in a note on Monday.

The planning phase of new housing in the South African property market showed a rising trend from July up to October 2012, whereas the construction of new housing saw a contraction in September and October this year.

The introduction of e-tolling, which now seems imminent before Christmas, will have an immediate effect on home buying patterns as well as the use of public transport.

Wednesday, 17 August 2011 02:00

More people equals more opportunity

With a new national census in the offing, the trends inherent in the latest population estimates released by StatsSA already spell good opportunities that some clever property developers and investors have started to scen

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