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
Cape Town’s City Bowl market slows down
News

Cape Town’s City Bowl market slows down

The weak economy and political instability has seen house price growth in the City Bowl decline from a high of 23.5% in the second quarter of 2016, to 12% at the end of 2017.

Why the Gauteng property market should strengthen this year
News

Why the Gauteng property market should strengthen this year

Affordable homes and an increase in first-time buying is expected to boost the property market in the province this year.

How Durban landlords can address tenant affordability
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How Durban landlords can address tenant affordability

Property owners in the Durban CBD are addressing the affordability challenge that faces many prospective tenants in their area – and reconfiguring the inner city rental market in the process.

What rental properties are still in demand in the Southern Suburbs
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What rental properties are still in demand in the Southern Suburbs

The Western Cape may still be achieving the highest rental growth rates but 2017 proved to be a tough year for this sector.

Property valuations shock: What homeowners can do
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Property valuations shock: What homeowners can do

Joburg property owners are up in arms over the new municipal valuations of their properties, which have increased by more than 100% in some instances.

‘Mildly better’ housing market expected in 2018
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‘Mildly better’ housing market expected in 2018

Stronger economic growth and improved sentiment, together with stable interest rates could see mildly stronger house price growth this year.

Lydenburg’s development as a business hub acts as a magnet for home buyers
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Lydenburg’s development as a business hub acts as a magnet for home buyers

Lydenburg, is rapidly becoming a business hub servicing the surrounding communities and mining interests as far afield as Pilgrim’s Rest, Ohrigstad and Rietfontein.

Strong demand for sectional title units in the Southern Suburbs
News

Strong demand for sectional title units in the Southern Suburbs

The Southern Suburbs sectional title sector has continued to perform well despite the subdued economy but, at times like these correct pricing is the key factor in achieving a quick sale.

Trendy Salt River apartments from just R1.295m
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Trendy Salt River apartments from just R1.295m

Salt River is experiencing huge amounts of interest due to the lifestyle, location and relative affordability it offers homebuyers.