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.

No drop yet in housing demand
News

No drop yet in housing demand

In the financial year to end-February, the average price of homes on which new bonds were approved rose by 6,3% to just over R1m.

Mounting risks for residential property market
News

Mounting risks for residential property market

The economic and political issues facing the country could have a detrimental effect on the residential property market.

The tiny house revolution unpacked
News

The tiny house revolution unpacked

Internationally, many are choosing to live in small homes for environmental and financial reasons. Will the trend reach South Africa?

How to reduce the interest on your home loan
Property Advice

How to reduce the interest on your home loan

If the interest on your monthly bond repayment is eating away at your pocket, consider these tips to help you reduce it.

Affordability under pressure
News

Affordability under pressure

Rising costs across the board are starting to affect property affordability, according to a recent report.

News

Further hike in interest rate not supportive of housing demand

The increased repo rate is unfortunate, given the need to help stimulate growth in SA economy.

Where South Africans invest
News

Where South Africans invest

The results of a recent survey on where South Africans choose to invest.

Rate increases by 25 basis points
News

Rate increases by 25 basis points

As expected, the Reserve Bank has announced another rate hike at today’s Monetary Policy Committee meeting, bringing the benchmark repo rate up to 7% and the prime lending to 10.50%.

Good transport links bolster property values
News

Good transport links bolster property values

Properties near good transport links have shown stronger growth than those that aren’t, according to Laurie Wener, managing director, Pam Golding Properties Western Cape.