Market

There is nothing stagnant about the property industry and Private Property will keep you in the loop through its dedicated Property News portal. Important elements such as whether it’s a buyers’ or sellers’ market, industry trends, and property news specific to South Africa are covered in this section.

Market Industry Private Property South Africa
Are higher interest rates in SA’s best interests?
News

Are higher interest rates in SA’s best interests?

To the relief of many, the South African Reserve Bank decided last week to keep the repo rate unchanged. Some experts however argue that the rate should be raised.

Buyers eyeing waterfront homes
News

Buyers eyeing waterfront homes

There has been a resurgence in buyer interest in prime waterfront homes along Garden Route and in the Eastern Cape, agents say.

Menlo Park’s expansion: property boost with social benefits
News

Menlo Park’s expansion: property boost with social benefits

Pretoria is birthing a new living space that will echo upmarket Sandton.

The National Credit Act (NCA)
Property Advice

The National Credit Act (NCA)

One of the South African Government Acts that affect home loans and debt in general.

Repo rate relief "appropriate for the economy and property market"
News

Repo rate relief "appropriate for the economy and property market"

The decision by the Reserve Bank’s Monetary Policy Committee (MPC) to retain the repo rate at 6% (basic mortgage loan rate of 9.5%) is a welcome move.

Durban’s urban regeneration gets a boost
News

Durban’s urban regeneration gets a boost

Durban’s CBD is getting a much-needed shot in the arm, with the city’s hosting of the Commonwealth Games in 2022 and redevelopment of iconic buildings by the private sector.

Home loan rate options
Property Advice

Home loan rate options

Each bank has different options and may even call these options by different names. Here is a comparison of the most common options.

What is the interest rate?
Property Advice

What is the interest rate?

How the South African Reserve Bank calculates the interest rate, and what it is used for.

August property market stats show slowing price growth
News

August property market stats show slowing price growth

The latest stats from ooba show slower property price growth and rising demand for 100% bonds.