FNB reports slightly better Q1 2016 building stats which it says may point to slightly less economic weakness in the near term, and some positive growth in the number of housing units completed to come.
As at Q1 2016, the SARB (Reserve Bank) reported low
The Monetary Policy Committee’s decision to leave the repo rate at 7% and prime at 10.5% has been welcomed by heads of the country’s three biggest real estate agencies.
Dr Andrew Golding, CE of Pam Golding Property Group
[caption id="attachment_1747" align="alignright" width="309"] Dr Andrew Golding, CE of
More than 42,000 fire incidents were reported in South Africa in 2013, according to the Fire Protection Association of South Africa. And the residential sector made up the bulk of the cases (47%), costing more than R1tn in damages.
Formal and informal dwellings were equally matched
Humans are visual beings and, in today’s world, much emphasis is placed on the way one looks. Indeed, few would deny a desire to have some aspect of their appearance altered. However, imagine looking in the mirror to discover a reflection so repulsive that the
Property values in Fairmount, north-east of Johannesburg, have remained steady with average house prices nudging up yearly over the past decade.
This according to Howard Hoff, Area Specialist for Lew Geffen Sotheby’s International Realty, who added: “The credit crunch never really affected the market as demand
The average purchasing price for a house is growing faster than the average income of home buyers, according the Standard Bank’s April House Price Index (HPI), adding to the deterioration of mortgage affordability of the average South African.
In April the average price of homes applied
I just read the story on HomeTimes entitled, Sectional title corner – can levies be hiked by more than 10%? While I agree that there is no limit to the percentage increase in the act or the regulations, I would like to know if the trustees,
Gauteng’s first-time buyers are basing their purchasing decisions on affordability and security. This is according to Bill Rawson, chairman of the Rawson Property Group, who says this trend is reflected very clearly in the popularity of the new apartment, townhouse and estate developments that offer two-
Four5Four on Sussex, a new development in Lynnwood, Pretoria, has been launched to market through Seeff which has the sole mandate to market it off-plan.
Gerhard van der Linde, Seeff’s MD for Seeff Pretoria East, said the development would appeal to many people but was especially
Buyers should request a copy of the house’s approved plans before or during the purchasing stage. This is because liability for illegal extensions, alterations or additions to a property fall on the registered owner.
“Buyers who are in the process of purchasing a property can simply