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 | Sep 2, 2024 | Business, Economy, Practice, Property, Snippet
Economy/businessTrendsA rising economic tide? Shakespeare could have been referring to our economy: “There is a tide in the affairs of men, which taken at the flood, leads on to fortune…”It has been 14 years since our real economy has had a rising tide – but change is...
by Daan Steenkamp | Aug 6, 2024 | Business, Economy, Practice, Property, Snippet
Economy/businessTrendsBusiness appears to anticipate a repo rate cut in September by our Reserve Bank. Strangely, the Bank of America reportedly expects our Reserve Bank to start cutting interest rates soon – by 25 basis points at each of its following four...
by Daan Steenkamp | Jul 23, 2024 | Business, Economy, Practice, Property, Snippet
Economy/businessTrendsThe IMF predicts a slowdown of the world economy to 3.2% – KPMG estimates a slowing to 2.5%. Our economy shrank marginally by 0.1% from the expected 0.7% to 0.6% growth in the first quarter of this year – the IMF predicts our growth for the year...
by Daan Steenkamp | Jul 8, 2024 | Business, Economy, Practice, Property, Snippet
Economy/business Trends Our inflation rate seems to be abating with food prices especially having taken a significant turn for the better. The Reserve Bank governor reiterated an intent to lower our inflation rate (some 5.2% in May) to a midpoint average of 4.5. The...
