Average SA Residential Rent Up By 3,4% To R8 175 - 18,1% Tenants Still In Arrears
Category Property Market News
In 2022, the rental market continued to recover from the low rental growth rates recorded in most of 2020 and 2021 because of the global pandemic.
Reserve Bank Hiked Interest Rates By 0.25% - Home Loan Prime Rate Now 10.75%
Category Property Market News
As was predicted by economists, academics and analysts, the SARB has announced a 0.25% interest rate increase.
South African Residential Rental Market - Q3 2022 - Payprop Rental Index Report
Category Property Market News
PayProp's quarterly Rental Index for Q3 2022 has highlighted continued growth in the residential rental market with a 2.9% year-on-year increase
SA Reserve Bank Increase Prime Lending Rate To 10.5% - Repo Rate - 7%
Category Property Market News
Yesterday the SARB announced yet a further increase in the lending rate by 75 basis points.
Semi-gration to the Top30 Local Municipalities - Better Management & Maintenance Attracts Investment
Category Property Market News
A semi-gration to the Western Cape property market trend has been detected by Property Practitioners and confirmed by the statistics during the last 5 years
ABSA and Standard Bank Launched First-Time Buyer Campaigns - Loans up to 105%
Category Property Market News
The reserve bank has just announced a further 75 basis points increase in the interest rate (0.75%).
SA Residential Rental Market - TPN Snapshot Report 2022
Category Property Market News
Demand for residential properties saw recovery during Q1 2022 with the market's vacancy rate recuperating to 8.26%, compared to 13.31% a year earlier
BREAKING NEWS: SA Reserve Bank Increase Prime Lending Rate To 9% - Repo Rate - 5.5%
Category Property Market News
This afternoon we had another hike in the repo rate of 0,75%. This will push the prime overdraft lending rate to 9% which would increase the monthly instalment
BREAKING NEWS: SA Reserve Bank Increase Prime Lending Rate To 8.25% - Repo Rate - 4.75%
Category Property Market News
The SA Reserve Bank's MPC hiked the repo rate on 19 May 2022, to 4.75% and the prime rate to 8.25%.
Interest Rates Expected To Rise - Time To Budget For Higher Bond Repayments
Category Property Market News
South Africans have during the last 2 years enjoyed record-low interest rates.