Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks
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The pandemic and lockdowns sped up existing trends and introduced new ones that affect supply and demand
Cape Town’s luxury property market was ranked second on the Prime International Residential Index 100, which tracks the value of luxury homes
Part of the market is waiting for more clarity from the government, but experts hope that panic selling can be avoided.
More people are selling to upgrade and house prices are set to increase.
Zimbabweans working outside the country are contributing to a property boom and investors are banking on them purchasing in high-end suburbs.
Soaring purchases of gold bullion and the rising jewellery sales are helping China become the world’s biggest market for gold.
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/ 4 February 2009
The housing market will start recovering gradually in the second half of this year, Absa’s latest House Price Index released on Wednesday showed.
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/ 29 January 2009
The outlook for the residential property market in 2009 remains bleak, Absa said on Thursday.
Year-on-year house price deflation worsened in December to -1,7%, First National Bank said on Monday as it released its house price index.
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/ 30 October 2008
Lynley Donnelly finds that the South African home market does not have the same risk
profile as the US and UK.
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/ 3 September 2008
The house price slump that began in the US and Britain is spreading across the globe, according to international property experts Knight Frank
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/ 2 September 2008
A change in thinking among the investor community towards offshore diversification is becoming increasingly evident, writes David Jackson.
With real estate prices and rent weakening, speculators are selling, providing an opportunity for long-term investment.