Long overshadowed by the more ‘prestigious’ northern suburbs, Johannesburg East is finally shedding its Cinderella mantle with a sharp increase in the value and volume of sales and Ekurhuleni now emerging as Gauteng’s rising star and development hot sp...
As we approach what is likely to be another steep rate hike for consumers and homeowners, Samuel Seeff, chairman of the Seeff Property Group warns that another rate hike shock will be dire for the property market and economy.
New vehicle sales data from vehicle financing company Wesbank shows that the average value of new cars financed in August was R377,252, down from R378,749 over the same month a year ago.
The shift back to the suburbs has been good for Cape Town’s residential sales and rentals markets according to the Seeff Property Group.
During a period of global economic uncertainty and a cycle of interest rate hikes, the South African housing market performed surprisingly well during the second quarter of 2022, says property group RE/MAX.
Registered homes in Soweto, south of Johannesburg, have more than doubled since 1994 to 183 525, new data from Lightstone shows.
Top-end sales of luxury homes on the Cape’s sought-after Atlantic Seaboard are flying high, with Pam Golding Properties reporting more unit sales over R20 million on this prestigious coastline in recent months than the whole of last year (2021).
South Africans under 35 are increasingly opting to buy sectional title properties and crossover vehicles, new data from analytics firm Lightstone shows.
Data published by market intelligence firm Lightstone shows that business parks and secondary CBDs lead the recovery post-Covid-19, followed by industrial nodes, then primary CBDs and mixed residential.
Gauteng buyers have greatly shaped the Cape property market. After a decline in semigration during the water crisis, the semigration market picked up notably by late 2020 and especially over the last year, says Ross Levin, licensee for Seeff Atlantic S...