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
How the VAT increase affects the property market
News

How the VAT increase affects the property market

The VAT increase that takes effect this month will affect some property transactions. Here’s what you need to know.

Sorry Jozi and CT, Durban is SA’s most liveable city
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Sorry Jozi and CT, Durban is SA’s most liveable city

With amazing weather all year round, the warm Indian Ocean, great schools, free-flowing traffic and excellent value for money in the property market, Durban boasts a lifestyle like no other.

Cape Town has the 2nd fastest growing luxury property market globally
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Cape Town has the 2nd fastest growing luxury property market globally

Luxury real estate in the Mother City grew 19.9% between 2016 and 2017, making it the second-best performer globally.

Northern Cape housing market boosted by mining revival
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Northern Cape housing market boosted by mining revival

Boom in Northern Cape’s house price growth boosted by commodity rebound and infrastructural improvements

Holiday town property markets faring surprisingly well
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Holiday town property markets faring surprisingly well

In tough economic times, holiday home buying is expected to decrease but this was not the case in 2017.

Gauteng property market showing positive signs
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Gauteng property market showing positive signs

The Gauteng market has shown signs of renewed energy since the start of the year, underpinned by positive national sentiment due to changes in political leadership.

Free help offered to contest incorrect property valuations
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Free help offered to contest incorrect property valuations

Property owners who are unhappy with their municipal property valuations have a short time to file objections and a real estate group is offering their help for free.

Why the Gauteng property market should strengthen this year
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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.

Cape Town’s City Bowl market slows down
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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.