In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months.

The pressure that for some two years now has been felt by the South African consumer, although regrettable, could be having a beneficial effect in one respect.

Rawson Property Group agents in Cape Town’s Southern Suburbs have been reporting increasing interest in the area’s luxury market, with sales continuing to heat up in spite of the ongoing economic pressure being experienced in South Africa.

Property values have continued to grow in the past 12 months, with the average home price showing a year-on-year increase of just over 5% to R971 000 at the end of November, according to the latest statistics from BetterLife Home Loans, SA’s biggest mortgage originator.

If you are looking to buy a new home in the next few months, planning is essential, especially during the festive season.

November property statistics released by ooba, South Africa’s largest bond originator, show positive year-on-year property trends, despite weak economic conditions and a rising interest rate environment.  

Named after a particularly verdant valley in the hills to the west of Johannesburg, the suburb of Florida started life as a mining camp just after the discovery of gold in the 1880s and, like many parts of the city, has had quite a chequered history.

Balwin Properties acquire development rights from Portimix in Johannesburg’s Kyalami and Waterfall node for R1.5bn.

Economically, we are likely in the early stages of what I call the “stagnation” or “correction” phase of the economic super-cycle, “early” meaning perhaps 4-8 years in (depending on whether you ignore the short growth up-tick around 2010/11 and start the clock in 2008, or otherwise start counting from 2012), and the length of such super-cycle stagnation phases can conceivably roll on for far longer than that.

Proposed merger between Atterbury Property Fund Proprietary Limited (Atterbury Fund) and Riverwalk Office Park Proprietary Limited (Riverwalk Company) and Club Retail Park Proprietary Limited (Club Retail Company) (Target Firms).