South Africans are turning to residencial rental properties as homeownership becomes unaffordable.
As rates hike again, wealthy South Africans are having to fork out hundreds of thousands every month to pay off a bond.
Millennial buyers are incredibly active in South Africa's property market.
The latest rate hike has dampended the property market but there is a silver lining.
The lastest Interest rate hike by the SARB has puched the cost of homeownership even higher.
Municipal tariffs are are shooting up across the board in South Africa, inlcuding property taxes.
New data from PayProp paints a bleak picture for tenants - with only one province in South Africa showing a decline in rental growth.
New commercial property data from Lew Geffen Sotheby's shows that businesses are making their way down to the Mother City.
BusinessTech looked at what is on offer for South Africans with R2 million to spend on a home.
The Pretoria property market is favouring buyers.