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.

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.

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%.

Rate hike as expected, but property market still remarkably resilient
News

Rate hike as expected, but property market still remarkably resilient

Today’s interest rate hike is exactly as expected. What does it mean for the property market?

The best and worst of SA’s municipalities
News

The best and worst of SA’s municipalities

A new index compiled by Good Governance Africa (GGA) has revealed which of the country’s municipalities are performing well… and which are not.

What a Moody’s downgrade means for the local property market
News

What a Moody’s downgrade means for the local property market

The decision by international ratings agency Moody’s to place South Africa’s Baa2 bond and issuer ratings on review for downgrade has serious consequences on the short to medium term property market.

Multiple price hikes are bad news for South Africans
News

Multiple price hikes are bad news for South Africans

Electricity, DSTV, E-tolls -consumers are being subjected to rising costs across the board. What are the implications for the economy?

Steady demand for Berea property in Durban
News

Steady demand for Berea property in Durban

Home to some of the oldest and stateliest Victorian and Edwardian houses in Durban, the Berea also boasts a diverse selection of Art Deco and modern freehold homes, sectional title estates and flats.

Home sellers: Your buyers are online
News

Home sellers: Your buyers are online

What the statistics say about home buyers and sellers currently.

Property TV

Property trends in 2016

Private Property CEO, Simon Bray, talks about what trends can be expected in the property market in 2016.