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South African nominal house price growth in the middle segment of the housing market is forecast to remain relatively low in 2012.
03 Feb 2012
Despite some gloomy predictions for the property market there are all still pockets of good value for those looking to buy homes in Cape Town.
House prices, in real terms after adjustment for the effect of inflation, are set to deflate further in 2012, according to Absa Home Loans.
02 Feb 2012
Whether or not you believe the South African housing market is 25 percent overvalued, expect some further real house price decline.
Power utility Eskom continues to call on South Africans and the corporate world to make a 10 percent savings on electricity.
Many homeowners are still battling to control their levels of debt, which will continue to fuel the distressed homes market this year.
01 Feb 2012
Bergvliet property is reportedly in demand with reasonably priced homes offering good value, close to schools and other conveniences.
Mortgage advances growth in the South African mortgage market was very low in 2011 due to macro economic trends and household finances.
The Tshwane metro has denied that municipal departments have been placed under administration due to poor performance and corruption.
House price growth recorded better than average figures in KwaZulu-Natal and the Eastern Cape when compared to other provinces in 2011.
30 Jan 2012
With the South African economy expected to grow by less than 3 percent in 2012, all eyes will be on what the annual budget reveals on 22 February.
The Board of Inquiry looking into allegations of misconduct against National Police Commissioner Bheki Cele will host public hearings next month.
Cape Town has been voted one of the 10 best places in the world to live, according to the UK Telegraph and Sotheby’s International Realty survey.
The residential market has seen difficult times and there's likely to be more pain before there are any real gains, says an industry figure.
27 Jan 2012