The uncertainty created by the possibility of a coalition government is putting people off big-price buys
High living costs in the Mother City are driving people to other parts of the country
The commercial property sector probably peaked in 2022. Office vacancies remain high and harsh economic conditions continue to constrain growth
The department of mineral resources and energy said the new fuel prices would come into effect on Wednesday
As more people continue to work from home, a decreased demand for commercial property is expected to continue as long as South Africa’s growth levels remain low
An FNB house price and market strength review has shown that houses in former black townships continue to outperform all other housing segments.
Another interest-rate cut would help home buyers — but rising inflation would put a damper on things.
Although residential property demand and price momentum are slowing, a return to recession conditions is unlikely.
It’s perhaps not entirely surprising that credit growth has lagged and annual growth in credit demand has not risen above 2%.
Township property markets are more buoyant than suburban ones, according to a recent property barometer report.