Latest News & Developments
property market
Global trade war sparks concerns for South African property market
Explore how the recent U. S. tariff pause may reshape South Africa's property market, as experts warn of potential economic instability and investor confidence challenges
Disappointing news for South Africans as interest rate remains unchanged
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
Will South Africa follow the US on interest rates? Anticipation grows for a cut today
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
Promising data signals strong property market performance in 2025
The Western Cape continues to be one of the most desirable provinces, claiming four of the top five positions for the most searched suburbs on remax. co. za.
'I can only dream of this life in the US': Big Sbuda embraces South African soft life
As US president Donald Trump opens up a line for South Africans to escape to America, Americans living in South Africa are living in bliss, calling it the "soft life" .
Unlocking rural property: how land reform, tech, finance, energy can drive growth
Rural property development in South Africa faces a myriad of challenges. Inadequate infrastructure and limited financing significantly deter investment.
Property affordability: let's keep that 2% VAT increase off the table
The Budget was postponed because of a controversial 2% VAT increase. With Minister of Finance Enoch Godongwana set to give the speech next week, property experts say a VAT increase would hit hard.
Cape Town's property market thrives: global report insights
A deep dive into the global property markets shows that Cape Town's property market is still on the rise. The best performing property markets according to the global report however are the Middle East and Latin America.
Good news for owners, bad for buyers as South Africa's average house price hits R1. 6 million for the first time
In 1994 the average house price was R150 000. Today the average house price in the country has exceeded R1. 6m, and it is getting tougher to own a home
Less than 16% of South Africans earn enough to buy a R1. 3m property
Only a small percentage of South Africans who are single and work can afford a home worth R1. 3m
How a VAT hike could affect consumer spending and Property markets
Real estate often acts as a hedge against inflation, as property prices have the potential to rise.
Potential increase in VAT could negatively impact property owners
The proposed change in VAT will shake up the property market significantly.
Stor-Age delivers positive operational performance
The portfolio achieved an average rental rate increase of 4. 1% year-on-year.
South Africa’s housing crisis: where have all the quantity surveyors gone?
The shortage of registered quantity surveyors in South Africa is causing significant delays and inefficiencies in housing and property development, intensifying the country’s ongoing housing crisis. Discover the critical solutions being proposed to revamp the sector and enhance community living standards.
Can a balanced budget stimulate South Africa's property sector? Expert weighs in
A balanced budget would involve addressing economic growth which starts by stabilising debt to GDP ratio, investment into infrastructure and the recovery plan for Transnet with regards to the country’s freight and ports.
South Africa’s housing crisis: flawed market design leaves millions in gap market stranded
To ensure more private sector investment, policies need to change including those related to evictions and foreclosures - expert
Substantial capital investment needed to fulfil housing mandate - HDA
Commenting on the progress made in the human settlements sector, the HDA said while the sector has made progressive strides, growth remains uneven, with significant challenges in urban areas due to rapid migration.
South Africa’s property prices rise, barriers remain for first-time buyers
As South Africa's residential property market shows signs of recovery with house prices rising, experts warn that affordability challenges remain, particularly for first-time buyers. Discover how economic factors are influencing the housing landscape and what options are available to new entrants seeking homeownership.
Over 25% of South African farmland restored but productivity fails without skills, support
A new report shows that in just over 30 years of democracy a quarter of white-owned farmland was restored or redistributed to black South Africans
Expropriation and affordabilty: South African property ownership safe but still tough to get on ladder - experts
First-time buyers are not only facing steeper home prices but banks have also been obliged to adopt a more conservative stance towards credit provision - however despite the expropriation act, ownership still safe.
Real estate industry asks for R200m from President Ramaphosa’s transformation fund
In his SoNA 2025, President Cyril Ramaphosa said they will set up a transformation fund worth R20 billion a year over the next five years to fund black-owned and small business enterprises.
Rising fuel costs squeeze incomes, make home loans harder in South Africa
The effect of rising transport costs directly impacts household budgets and the disposable income available for home loans and costs associated with purchasing property, says property expert.
SONA 2025: Give us clarity on the new Expropriation Act - South African property industry
While land reform remains a crucial national imperative, the new Expropriation Act introduces significant risks that could undermine property rights, deter investment, and create economic uncertainty - Sapoa
SONA 2025: President Ramaphosa, you have failed the poor, their homes are worthless assets!
Just hours before President Ramaphosa is set to address South Africans in the SONA, many South Africans still don’t even have title deeds to their homes - which means they will never be able to create generational wealth. Added to that ailing municipalities and clunky red tape is hampering the affordable housing sector and White Papers don’t address important sectors.
Despite crowding, affordability issues, Western Cape still leads uptick in new residential developments
And, retail developments are likely to follow in areas where residential growth occurs, says economist John Loos.