South African home buyers can look forward to a few more months of record-low interest rates as the Monetary Policy Committee has once again opted to hold the repo rate steady at 3.5%.

Property in the Western Cape is regarded by many as among the most expensive in the country, and for first-home buyers, often completely out of reach. 

A recent two-day Estate Agency Industry Affairs Summit was held at Gallagher Estate in Midrand to address the burning issues that are currently being experienced within the property industry. Matters that were discussed by the Minister of Human Settlements, Tokyo Sexwale, included the structure and role of the Estate Agency Affairs Board (EAAB), transformation of the industry and the education of real estate agent

Estate agents have expressed confidence about the sustainability of foreign interest in the South African residential property space post the 2010 Soccer World Cup.