In a recent note, we indicated that, in the “post-lockdown” recessionary period we would likely see the direct economy-related pressures being more severe on the Industrial Property Sector, via a very weak.

During the Corona Crisis-related lockdowns, many residential rental tenants would have seen their incomes decline sharply, and in certain instances even drop to zero.

In a downturn, Property Market Values can deviate dramatically from the market “equilibrium” value, a value which can be far lower than market in recessionary times due to strong resistance by the market to dropping values to make the sales.

A slowing capital growth trend, into negative territory by 2019, has been in play in recent years. The Corona Crisis is likely to add momentum to this correcting trend in 2020.

Signs that the residential property market is beginning to stabilise.

Wednesday, 30 October 2019 11:56

Katlehong's first enclosed Mall opens

Moolman Group, in partnership with Twin City Developments and Vuno Developments, are proud to bring convenience to the township of Katlehong – with the opening of the much-anticipated Sam Ntuli Mall on 31 October 2019. 

FNB has facilitated R11.8 billion in payouts to property buyers using nav» Home in its banking APP. Since launching nav» Home in 2016, approximately 10 000 families have been placed in homes through the seamless functionality.

FNB has unveiled the first phase of its BankCity revitalization project to continue its commitment and investment in the Johannesburg inner-city.

Bondspark CEO, Marcel du Toit says that there are several reasons behind the overall improvement of the local property sector this quarter.

The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

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