The property market is holding steady in challenging times, with the lower end of the market accounting for the bulk of home loan applications.

Initial predictions regarding the future of the residential property market as a result of the Covid-19 lockdown have painted a sombre picture: significant drops in house prices, more supply than demand, and people unable to afford their home loans. 

Thursday, 23 January 2020 19:28

All the insurance you need as a homeowner

As a new home-owner, you are going to need three types of insurance – at least one of which may be completely new to you.

Thursday, 16 January 2020 22:32

Property in 2020 - here's what's happening

With the political, economic and social landscape in South Africa being what it is, i.e. dynamic but riddled with challenges.

Housing demand has continued to gain momentum since the start of the year and in the third quarter, the number of applications for home loans was at its highest level in more than three years, according to the latest statistics from BetterBond, SA’s foremost bond originator.

The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged at 6,75% and prime interest rate the same at 10,25%.

Rudi Botha, CEO of SA’s leading bond originator BetterBond, says the SONA was very wide ranging and covered a huge number of initiatives, but that there were definitely some highlights for the real estate market.

Wednesday, 09 January 2019 16:21

How to beat the January financial blues

No-one wants to default on their bond instalments or other account payments, but often in January and February, there just isn’t enough money to go around after a big holiday splurge in December.

Thursday, 18 September 2014 19:59

Repo rate unchanged, GDP forecast revised down

The Reserve Bank on Thursday kept the repo rate unchanged at 5,75% per annum amid concerns over inflation and economic growth.

Just as the US needs “all hands on deck” to stop it sailing over the fiscal cliff, so SA needs a multifaceted effort now to solve a housing crisis that threatens to overwhelm the country.

Page 1 of 2

Most Popular

University of Fort Hare construction resumes

Jun 18, 2020
Construction of UFH Student Housing
Following two months of hard lockdown, the development of a 2 047-bed student village at…

Estate Agency Affairs Board to re-open its doors this month

Jun 13, 2020
Mamodupi Mohlala
The Estate Agency Affairs Board (EAAB) will re-open its Sandton, Johannesburg offices…

Redefine’s European logistics platform set to expand its footprint in Poland

Jun 17, 2020
Andrew Konig CEO Redefine
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along…

Covid-19 lockdown may have slowed the property market but early indications suggest recovery is likely

Jun 15, 2020
Carl Coetzee CEO of BetterBond
Initial predictions regarding the future of the residential property market as a result…

Stor-Age Property REIT continues outperforming JSE indices with healthy dividend

Jun 22, 2020
Stor Age CEO Gavin Lucas
JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund,…

Please publish modules in offcanvas position.