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Average year-on-year home price growth at the end of April was 5.3%, compared to 2,62% in January, 2,85% in February and 2,94% in March, with “more buoyancy in the first-time buyers’ market, where the year-on-year growth in the average home price was 9,2% at the

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South African homebuyers, it seems, have heeded the warnings from financial institutions and home loan experts since 2016, and have managed to reduce their short term debt before applying for bond finance. According to Trading Economics April 2018 data, the average South African (not just those

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Townhouse living is becoming increasingly popular, especially among young buyers who want to enjoy the freedom and extra security it gives them. “Buying a sectional title townhouse is also a great way for younger buyers to get a foothold in an upmarket area where the prices

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The average first-time buyer* earns around R37,000 a month, according to statistics by  BetterBond (previously BetterLife Home Loans). The mortgage originator’s numbers demonstrate that first-time buyers accounted for 47.6% of home loan applications in the 12 months to end-June 2017. “They, however, only obtained 29% of all

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