The volatility of the listed property sector over the past two weeks can be largely explained by movements in bond yields and the rand, and given the market’s close correlation to bonds, analysts say it may remain volatile in the short term.

Our GDP growth may be undermined by Rand firmness due to strained trade competitiveness, but growth may benefit from the real improvement in household finances 

The movements of the rand, which has to date weakened to a four-year low against the US dollar, are slightly exaggerated, says Reserve Bank Deputy Governor Daniel Mminele

ELB Group says the 8,3% rise in turnover for the six months to December reflects improved activity across its full range of products and services.