The FNB Holiday Towns House Price Index, comprising towns (both coastal and inland) whose housing markets are deemed to be strongly driven by holiday home demand, has had a reasonably good run since around 2013.
Broll East Africa has appointed two executives to Head Research and Occupier Services in the region.
Following its inclusion in the Gautrain route in 2011, infrastructure upgrades in the area, as well as considerable private and public sector investment, Rosebank has undergone a complete transformation.
There are often cases, particularly in older sectional title blocks, where units will need modernising or upgrading in some way or another.
Recently, there have been hints emanating from our FNB Estate Agent Survey that foreigner demand for local residential properties may be declining.
After reaching its highest level in more than a year of 43 points in 1Q2017, the FNB/BER Building Confidence Index fell sharply to 32 in 2Q2017.

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