Durban was the top performing city between 2007-2013 with wealthy individuals’ volume growth reaching 23% and 43% for the super-wealthy.
Rand weakness has become a significant 'downside risk' to residential property market performance and many have seen the value of their wealth dip.
For the time being, transfer duty revenue growth continues to reflect what has in recent times been a well-balanced and buoyant property market.
Buyers and investors willing to work hard in 2014 will find the commercial property market has opportunities, albeit fewer due to the slow economy.
The calculation of CPI inflation is of crucial importance for South Africans, as it determines the inflation outcome and change in interest rates.
2014 may be the year when home affordability becomes more of a challenge, with slightly higher house price growth and a struggling labour market.
In the World Top 30 Cities for Millionaires 2013 report, the city of London, thanks to international appeal and high property costs was ranked no 1.
South African economic growth is expected to recover somewhat to 2.7 percent and to 3.2 percent in 2014 and 2015 respectively, says economist.
The ongoing mediocrity in home building activity can be explained by a still-competitively priced existing home market relative to new house prices.
The low interest rate environment helps to promote a relatively stable more or less sideways movement in the household debt-to-disposable ratio.
Prime property in Dubai has shown strong performance, particularly in 2012 when prices rose by 20 percent, the second highest growth rate globally.
South African Reserve Bank Leading Business Cycle Indicator suggests no shooting lights out for property trading activity growth in the near term.
In Africa, Johannesburg is ranked number one with 23 400 millionaires and South Africa remains the top African country with 48 800 millionaires.
Many people blame capitalism and greed of banks for the global financial crisis but the truth may be precisely the opposite. Read on to find out..
SA home prices are down nearly 30% in US terms since the peak of the market in 2007 and over the next year, foreign buyers will eye this location.
With the Monetary Policy Committee announcement on interest rates this week, economists do not think that the bank will cut rates on 23 May.
With a new emerging Africa, the continent offers opportunities to serious property developers and investors looking to diversify their investments.
Gradual mounting downward pressure on real disposable income growth has seen slowing demand in real household consumption expenditure growth.
Of 600 000 affected consumers, 64 percent of these consumers who benefited from the credit amnesty entered into new credit agreements.
The weak Rand debate is back, and the arguments in favour of a weak currency still seem to largely ignore the realities of human behaviour.
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House for sale in Kensington R 2 200 000
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Vacant Land / Plot for sale in Copperleaf Estate R 560 000
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