“Honey, should we stay in this house for at least one more year or do you want to move when our lease expires?”
“Let’s stay, please. I hate moving! We moved last year.”
“Okay, but the lease is increasing by another 10% if we stay on.”
Mount Edgecombe Retirement Village recently has reached its threshold of sales and has resulted in specialist bank, Investec, giving the green light for the construction of the top structures of the retirement village.
Mount Edgecombe Retirement Village consists of one-, two- and three-bedroom, single-level sectional title
Retirement is the fastest-growing residential investment segment in the country right now. This is according to Retire KZN, a Tongaat Hulett Developments initiative which shares retirement opportunities with the public stretching from the Upper Highway area to Umhlanga and the North Coast.
With a database of about
The Western Cape’s year-on-year house price growth for Q2 2017 measured 5.7% - down from Q1 2017’s 6.9%, and significantly slower than the 10.8% high recorded in Q1 2016.
This is according to the FNB House Price Indices for the country’s major regions, which pointed out
While there has been a level of overtrading in the Western Cape housing market, which is slowly losing steam, there is still value to be had in Cape Town. This is according to Siphamandla Mkhwanazi, Standard Bank consumer economist, who was speaking at the bank’s
Gauteng buyers are semigrating to KwaZulu-Natal – specifically to the North Coast region – and are prepared to pay more than R10m for a stand in an exclusive estate.
“Some 60% to 70% of our buyers in the upmarket Zimbali area are from Gauteng, semigrating to
Housing markets are incredibly important, not only due to the importance of formal housing to citizens’ well-being, but also due to the huge amounts of mortgage debt associated with them, and the various risks that this can pose to financial system and economic stability. The
If suburbs with lower crime rates are more attractive to property buyers and tenants, and can attract higher sale and rental prices, why is Western Cape property some of the most expensive in the country?
According to property data analytics company, Lightstone - which used crime
While Gauteng’s gross outflow of repeat home buyers to other provinces stood at 16% in 2016, it only attracted 6.9% of incoming repeat home buyers from other regions. This means its net outflow of repeat home buyers was 9.1% - up significantly from 2.9% in