by Daan Steenkamp | Jan 28, 2025 | Business, Economics, Economy, Practice, Property, Snippet
Property Trends: The stagnant South African housing market is showing signs of recovery outside of Cape Town, with predictions of a possible price boom in the offing. Ooba reported a 30% surge in home loan applications for November. If our interest rate is cut,...
by Daan Steenkamp | Jan 11, 2025 | Business, Economy, Legal, Practice, Property, Snippet
Property Trends: Regular readers of property news will recall that especially (the average) South African residential property prices are in decline, when compared to our inflation rate. South Africans are not alone in this position, as may be seen from the following...
by Daan Steenkamp | Jan 1, 2025 | Business, Economy, Practice, Property, Snippet
PropertyTrends:Our residential rental market reflects the increasingly positive market outlook and stood at a record low vacancy rate of 5.07% in Q3/2024.Similarly, Growthpoint reports declining office rental vacancy space, stating that coastal regions outperform...
by Daan Steenkamp | Jan 1, 2025 | Business, Practice, Property, Snippet
PropertyTrendsFNB reports that fewer South Africans are immigrating out of the country of late with such dropping from 8 to 7% now, down from 14.2% in Q1 2019. It also says that there is an uptick in, especially, the affordable housing market, owing to stronger market...
by Daan Steenkamp | Nov 12, 2024 | Business, Practice
PropertyTrends:Consensus has it that the tide is turning in the property market – whilst this may be so, there is little of this yet aside from interest. Investors are reportedly piling into the listed property sector to take advantage of the coming surge.Whilst...
by Daan Steenkamp | Nov 3, 2024 | Business, Practice, Property, Snippet
PropertyTrends: With inflation seemingly under control, the expectation is that more aggressive interest rate cuts will follow, which should stimulate our property market.The residential market has stabilised, with isolated spots showing real price increases, such as...