Despite weak economic fundamentals resulting in negative real house price growth, the banking industry continues to show confidence in South Africa’s property market by further relaxing their lending criteria and approving home loan finance at levels last seen 12 years ago.
A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.
New Mortgage Lending continued its year-on-year decline in the 1st quarter of 2019, with the Commercial Mortgage Lending and New Building Mortgage categories being the major “drag”
FNB's 1Q19 City of Cape Town Sub-Regional House Price Indices showed that most sub-regions are experiencing slowing house price growth, with the most expensive regions now experiencing house price deflation.
With experiential retail being one of the hottest trends in the retail and shopping centre industry right now, the South African Council of Shopping Centres (SACSC) commissioned a research report to get insight into the growth of experiential retail in the local mall marketplace.
While elections are just days away, the rand has remained relatively unresponsive to local elements ranging from politics to economic data.
The geopolitical landscape is a treacherous one, with many global economic powerhouses being exposed to a variety of risks seemingly around every corner.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.