Timeous reduction in the repo rate – property stands the test of time
Against the backdrop of the unprecedented times we find ourselves in, today’s (19 March 2020) decision by the Monetary Policy Committee to reduce the repo rate by 100bps is a critical step towards financial survival.
Adjustment in transfer duty threshold a welcome move, says Dr Andrew Golding
Apart from the tax reprieve announced by Finance Minister Tito Mboweni in the National Budget, with no major tax increases and even personal income tax relief across the board.
Cape Town features in Savills World Cities Prime Residential Index
Lisbon, Sydney and Moscow set to lead residential price growth in 2020.
A year-end confidence boost would have been just what the market needed
Against the backdrop of a persistently sluggish economy, subdued market confidence and lower-than expected inflation.
Post-election rebound anticipated for SA’s residential property market
The generally market-friendly election outcome will in all likelihood create a degree of certainty and stability and go some way towards addressing the issues currently affecting confidence in the South African economy - and as a consequence have a positive effect on the South African residential property market, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
No quick fix for SA's Budget, but there's some hope..says Dr Andrew Golding
No quick fix for SA’s Budget, but there’s some hope….
Stable repo rate a boost for first-time home buyers says Dr Andrew Golding
With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision today (20 September 2018) not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
South African property icon and leading businesswoman, Mrs Pam Golding (90), has passed away
South African property icon and leading businesswoman, Mrs Pam Golding (90), founder and Life President of the Pam Golding Property group, passed away peacefully on 3 April 2018 at her home Wittebomen in Constantia.
Rate cut a further boost for market sentiment, says Dr Andrew Golding
Today’s (28 March 2018) announcement of an interest rate cut of 25bps, coupled with Moody’s decision to not only leave South Africa’s credit rating unchanged at one notch above junk status, but to also upgrade the outlook from negative to stable, are positive factors which should provide welcome stimulus for the residential property market, says Dr Andrew Golding, CEO of the Pam Golding Property group.
DR Andrew Golding Comment on the National Budget - 21 February 2018
National Budget geared to instill confidence
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