Marginal uptick in household credit and mortgage balances growth
Growth in the value of outstanding credit balances in the South African household sector.
The property impact of ongoing real electricity tariff inflation
Last week’s NERSA decided to allow a further above-inflation tariff hike.
Fuelling the demand for sectional title living
One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.
Growth in household credit balances accelerated in 2018 from 2017
The value of outstanding credit balances in the South African household sector increased by 5,7% to R1 630,2 billion in 2018 after rising by 3,8% in 2017.
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday.
The planning phase of residential building activity improved in the first half of 2018, but the construction phase contracted sharply
The planning phase of residential building activity improved in the first half of 2018, but the construction phase contracted sharply.
Repo rate unchanged at 6.5%
The Monetary Policy Committee (MPC) has unanimously decided to keep the repurchase rate unchanged at 6.5% per annum.
Uptick in household credit balances growth in 2017 from 2016
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.
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