With house prices in most capital cities becoming beyond the reach of many, a growing number of Australians are deciding to ditch the inner city lifestyle for the more laidback regional centres around the country.
As 2016 kicks off to a tumultuous start, perhaps one certainty is that the coastal belt from Durban North and uMhlanga through to the burgeoning Sibaya node and Umdloti is still booming.
The trouble with house prices is because of a booming market that causes consequence of upbeat consumer confidence.
Property statistics for the fourth quarter of 2015 released by ooba, South Africa’s largest bond originator, show house prices continued to grow in excess of inflation as the demand for residential property remained buoyant despite a weakening economy.
At one or another stage of life we are all bound to find ourselves faced with the dilemma of whether to rent or buy a home.
In a bid to align Kenya’s listed property sector with international standards, enhance governance and boost expansion across sub-Saharan Africa, multi-specialist asset manager STANLIB has received regulatory approval from the Kenya Capital Markets Authority (CMA) to launch East Africa’s first Income Real Estate Investment Trust (I-REIT).
Home loan market still being driven by first time home buyers. 54% of applications are currently from first time homebuyers.
The property market in Knysna has now finally turned the corner after several slow years, and is once again enjoying popularity as one of SA’s top choices for those buying leisure and retirement homes.
Rawson Property Group agents in Cape Town’s Southern Suburbs have been reporting increasing interest in the area’s luxury market, with sales continuing to heat up in spite of the ongoing economic pressure being experienced in South Africa.
If you are looking to buy a new home in the next few months, planning is essential, especially during the festive season.
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