Cash-strapped homeowners with mortgages, who are faced with inexorably rising consumer costs across the board, will be relieved at the Monetary Policy Committee’s decision today (21 July 2016) to keep the repo rate steady, says Dr Andrew Golding, CE of the Pam Golding Property group.
Second quarter 2016 statistics released by ooba show nominal house price growth of 2% year-on-year compared to the second quarter of 2015.
Attacq is a leading capital growth fund in the real estate sector founded in 2005. It acquired the Waterfall development rights in 2008.
A sea of concrete is set to engulf the pristine seaside village of Kommetjie as the City of Cape Town prepares to approve the development of 400 new homes.
Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizeable portfolios.
Properties bought off plan in new residential developments in Century City in recent years have shown capital appreciation of between 20 to 35 percent by the time purchasers have taken transfer 18 months later.
The FNB Estate Agent Survey has begun to record a mild weakening in agent perceptions of home maintenance and upgrades, following a broad improving trend through 2013 to late-2015.
The South African property sector is worth a whopping R5.8 trillion according to results from the latest study undertaken to determine the size of the country’s property sector.
Buyers and sellers alike often see an estate agent as a necessary evil when it comes to purchasing property.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.