South Africa

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
Flat interest rate expected for remainder of year
News

Flat interest rate expected for remainder of year

The decision by the Monetary Policy Committee of the SA Reserve Bank to keep the repo rate unchanged at the current level of 6,50% was largely expected by the market according to Seeff.

Steady repo rate mirrors stability in residential property market
News

Steady repo rate mirrors stability in residential property market

The decision to leave the repo rate unchanged was expected in light of a less certain local and global environment.

Budgeting tips for new homeowners
Property Advice

Budgeting tips for new homeowners

Many property buyers struggle with the expenses of buying and owning their new home. Careful planning can go a long way towards relieving their financial stress.

Affordable Cape Town neighbourhoods for first time buyers
News

Affordable Cape Town neighbourhoods for first time buyers

Housing affordability is a major issue for first time buyers in Cape Town, but there are some neighbourhoods where property is available for under R1.5m.

Still a buyer’s market, despite improved property outlook
News

Still a buyer’s market, despite improved property outlook

Although the economy and property market is showing improvement, it is still all about the buyers as we wait for the positive sentiment to translate into a meaningful increase in sales and prices.

Innovative ways to reduce your electricity bill this winter
Property Advice

Innovative ways to reduce your electricity bill this winter

The cold, wet weather translates into more nights spent at home, which can cause electricity bills to skyrocket. Here's how you can avoid higher electricity bills this winter.

4 factors to consider when choosing a neighbourhood
Property Advice

4 factors to consider when choosing a neighbourhood

Much has been made of selecting the right house, but what about the neighbourhood? It’s pointless buying your dream home if the area in which it is situated doesn’t match your lifestyle.

Banks are approving more home loans
News

Banks are approving more home loans

Banks are showing an increased appetite to lend according to first quarter (Q1 2018) property statistics recently released by ooba, South Africa’s leading home loan originator.

'Ramaphoria' and its effect on the property market
News

'Ramaphoria' and its effect on the property market

The 'feel-good' factor that spread across the country after Cyril Ramaphosa took over the reins has had many positive spin-offs. But, has it affected the property market?