The latest data from property group Ooba shows that there are significant shifts within the residential property market in light of South Africa's unique economic outlook.
While national house price inflation remains positive, the national average purchase price is down among first-time homebuyers in South Africa, says Rhys Dyer, the CEO of property group Ooba.
The has been a sharp rise in the average purchase price over the last few years as a result of the impact of aggressive interest rate cuts in the early months of the pandemic and competitiveness among financial institutions, says…
Home buying statistics indicate that putting down a deposit is becoming less of a priority to South African homebuyers – a trend that may be to their own detriment, says Buyers Trust, a subsidiary of home loan specialist Ooba Group.
Data from bond originator, Ooba finds that banks in South Africa continue to offer competitive interest rates on home loans, despite the tough climate.
The prospect of finding your dream home may distract you from seeking out the ‘nitty gritties’. Some of the details that a potential homeowner might miss could be as small as a loose door handle or as big an issue…
Human Settlements minister Mmamoloko Kubayi has announced significant adjustments to South Africa's housing subsidies known as the Finance Linked Individual Subsidy Programme (FLISP).
The latest data from home loan comparison service Ooba reveals that competition among the major banks in South Africa continues to surge.
When it comes to home buying, nothing attracts the attention of the seller quite like a deposit. Putting down a deposit when signing an offer to purchase (OTP) is seen as a show of commitment. A deposit (usually 10% of…
An increase in the repo rate by 25 basis points earlier in November, to 3.75%, left many homeowners in South Africa doing mental calculations on their monthly home loan repayments.
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