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Tuesday, May 13, 2025

Latest News & Developments

property

Homeownership warnings for mothers: understanding long-term financial impacts

According to a 2024 report from Lightstone, women are driving the local property market.

Business Property
Given Majola|Published

Homebuilders urged to embrace Alternative Building Technology and Innovative Building Technologies for a sustainable future

High interest rates inevitably impacted the affordability, or lack thereof, and increase in home construction costs.

Business Property
Given Majola|Published

South Africa's residential property prices surge: 5. 0% inflation recorded in December 2024

South Africa's annual national residential property price inflation was 5. 0% in December last year, according to Stats SA.

Business Property
Given Majola|Published

KZN North Coast sees massive population and income growth: what it means for property investors

Discover the trends shaping this coastal property hotspot and what it means for investors and homeowners.

Business Property
Given Majola|Published

Public servants' housing allowance increased: new rates effective from last month

The Department of Public Service and Administration has announced an increase in the housing allowance for public servants, effective from last month, aimed at improving living conditions and promoting homeownership.

Business Property
Given Majola|Published

Self-employed? Getting a bond is possible if you have a bookkeeper

Experts have debunked the myths around self-employment and home loans.

Business
Nicola Mawson|Published

How offshoring is driving growth in South Africa's property sector

The property sector is benefitting from the SA's offshoring boom in increased investment in commercial property/rental yield stability.

Business Property
Given Majola|Published

How a repo rate reduction could boost consumer confidence in South Africa

Adrian Goslett, CEO of RE/MAX of Southern Africa, discusses the potential benefits of an interest rate cut by the South African Reserve Bank, including increased consumer confidence and economic growth, while also addressing the cautious stance of economists amidst global trade tensions.

Cape Argus News
Given Majola|Published

South African real estate sector shows remarkable resilience amidst 2025's volatile start

Explore the resilience and growth of the South African real estate sector in 2024, as it navigates macroeconomic challenges and embraces new investment opportunities across various asset classes.

Business Property
Given Majola|Published

Why a May interest rate cut could boost South Africa's real estate market, according to experts

Adrian Goslett, CEO of RE/MAX of Southern Africa, discusses the potential benefits of an interest rate cut by the South African Reserve Bank, including increased consumer confidence and economic growth, while also addressing the cautious stance of economists amidst global trade tensions.

Business Property
Given Majola|Published

NHBRC to unveil critical report on structural integrity of mudslide-affected homes in Durban

The NHBRC is set to release a report on the structural integrity of homes affected by recent mudslides in uMlazi, while the Minister of Human Settlements outlines immediate evacuation plans for families in danger.

Business Property
Given Majola|Published

Devastated mom of four struggles after her home was auctioned for a measly R5 000

Patricia Mzamo, a single mother of four, faces eviction after her home was sold at auction for a mere R5 000, leaving her with significant debt and uncertainty about her family's future.

Cape Argus News
Zelda Venter|Published

Auction shock: Single mother’s home sold for R5,000 after bond arrears

Patricia Mzamo, a single mother of four, grapples with the devastating reality of eviction after her home was auctioned for a mere R5 000, despite her desperate attempts to negotiate with SA Home Loans. This article delves into her heartbreaking journey and the implications of the sale.

News Crime and Courts
Zelda Venter|Published

Exploring the surge of co-living spaces and micro-apartments in South Africa's major cities

This article explores the rise of co-living and micro-apartments in South Africa, examining their potential as a response to the country's housing crisis and economic struggles.

Business Property
Given Majola|Published

Eviction crisis: Single mother loses home for just R5 000 at auction

Patricia Mzamo, a single mother of four, grapples with the devastating reality of eviction after her home was auctioned for a mere R5 000, despite her desperate attempts to negotiate with SA Home Loans. This article delves into her heartbreaking journey and the implications of the sale.

News Crime and Courts
Zelda Venter|Published

Choosing Between New and Secondhand Homes: Essential Insights for Buyers

It is important for a property buyer to align their choice with their lifestyle, budget, and long-term goals.

Business Property
Fast Company|Published

New development vs secondhand home: what every property buyer needs to know

It is important for a property buyer to align their choice with their lifestyle, budget, and long-term goals.

Business Property
Given Majola|Published

Homeowners beware: how to shield your property from severe weather damage

Severe thunderstorms associated with flooding of roads and settlements, as well as damage or loss of infrastructure, property, vehicles, livelihoods, and livestock

Business Property
Given Majola|Published

Buyers beware: Understand your property’s title deed and zoning regulations before purchasing

Before buying a home, make sure to check for title deed restrictions and zoning laws.

Business Property
IOL Reporter|Published

Cape Town council greenlights strategic property deals to enhance community services

Cape Town's city council is unlocking potential for communities by approving high-impact property transactions.

Business Property
IOL Reporter|Published

South African property sector reacts to National Treasury's VAT hike reversal

A value added tax increase would have dented the positive momentum derived from the recent interest rate cuts.

Business Property
Given Majola|Published

Why Europe’s luxury property market is a safe haven for South African investors amid rand weakness

The rand’s instability has made offshore property investment essential for high-net-worth South Africans.

Business Property
Given Majola|Published

How a weaker rand could drive up interest rates and impact South African homeowners

This article explores the implications of a weakening rand on interest rates, the property market, and consumer goods in South Africa, featuring insights from leading economists and analysts.

Business Property
Given Majola|Published

Cape Town's Mont Reve development generates R500 million in sales within 24 hours

Mont Reve, a new mixed-use development in Sea Point, Cape Town, has generated R500 million in sales in just 24 hours, promising significant job creation but raising concerns among residents about traffic congestion and infrastructure strain.

Cape Argus News
Genevieve Serra|Published

How local political uncertainty and global trade pressures are shaping South Africa's commercial real estate landscape

Explore how South Africa's commercial real estate sector is responding to political uncertainty and global trade pressures, with insights from industry experts on navigating these challenges.

Business Property
Given Majola|Published