After a four year high of unprecedented double-digit growth, South Africa’s strongest market took a knock in 2017 with a significant drop in sales volumes and price growth, but the new year has got off to a promising start with a record apartment sale price and three sales within 24 hours of listing.

JSE listed Balwin Properties has partnered with SolarAfrica to introduce solar energy to its upmarket developments.

While political and economic uncertainty is likely to continue across the globe next year (2017), it is hoped that local economic growth will be modestly stronger, which will be more supportive for the South African housing market, says Dr Andrew Golding, CE of the Pam Golding Property group.

Residential property growth in Gauteng has been lacklustre at best over the past two years, with prices for existing properties achieving little to no growth (once adjusted for inflation).

Statistics released by ooba, show that the overall demand for sectional title property has risen year-on-year (yoy) by almost 7%.