The South African residential property market has been through a series of transformations and challenges over the past two decades. From the heady days of 2004/5 when house price inflation soared to 37% to the more recent years of modest growth, the market has shown resilience and adaptability. As of August 2023, the market's total stock value stands at an impressive R6.8 trillion, reflecting its...
A predominantly young and rapidly urbanising population is contributing towards a growing demand for sectional title residential properties in South Africa, particularly in the major metropolitan areas and key commercial hubs, says Dr Andrew Golding....
Selling a home during an economic downturn can be very challenging and, in a competitive market, sellers need a strategic approach to stand out, showcase the property and attract potential buyers to this end, show days offer a valuable opportunity to do so....
Tax season is upon us and individual taxpayers have until 23 October 2023 to submit their returns. For landlords and for those who work from home, this presents an opportunity to claim back for certain expenses....
When it comes to purchasing a home, most South Africans rely on home loans to fulfill their dreams of homeownership. However, obtaining a home loan is not just about the principal amount and monthly repayments. One crucial factor that significantly influences the overall cost of your mortgage is the interest rate. In this article, we will delve into how home loan interest works and the direct impact of...
Debt holders brace themselves ahead of the next interest rate announcement to be held on 20 July 2023. Most experts predict that interest rates are likely to increase by another 25 basis points....
After the steady streak of interest rate hikes, many South Africans might have had a crash course on just how severely interest charges can affect their monthly budgets....
Homeowners and future home buyers often consider fixing the interest rates on their home loans - and with concerns about inflation and rising living costs, this has become a hot talking point once again. Fixing your interest rate means that you will know what you will pay on your bond each month, irrespective of where we are in the rate cycle - but is this the right option for you?...
To the dismay of many South Africans, the MPC might be poised to deliver yet another interest rate hike at the upcoming meeting in May....
A key fallout of the higher interest rate and cost of living is that it has driven many potential property buyers out of the market. While there are always exceptional areas, Samuel Seeff says that overall, the reality is that there are now fewer buyers in the market....