The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

South Africa suffered its worst decline in economic activity in a decade, in the first quarter of 2019.

Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year and underscore the opportunity for home buyers to capitalise on the current favourable market conditions before the market enters a decisive upturn.

The iconic BOSJES Kapel set within the BOSJES Estate and located in the Western Cape’s Breede River Valley has been acknowledged by the 2019 edition of Architizer’s premier A+Awards program, the world’s largest initiative of its kind for architecture and building products.

Mediclinic has started operating from brand-new, world-class medical facilities in Stellenbosch, purpose-built for the private hospital group by Atterbury and its partners to serve the growing demands to care for the Winelands community.

Fortress REIT Limited, the JSE-listed property group, kicked off its Vredenburg Food Security and Environmental Sustainability initiative at the Masiphathisane School in the Western Cape on 13 June.

FNB Home Finance has revealed that the number of single applicants who bought residential property through the Bank increased from 48% to 56% between 2016 and 2018.

Atterbury’s new Western Cape office situated in the Winelands is La Gratitude Manor House - an iconic building, a national monument, and the second oldest building in Stellenbosch.

FNB's 1Q19 City of Cape Town Sub-Regional House Price Indices showed that most sub-regions are experiencing slowing house price growth, with the most expensive regions now experiencing house price deflation.