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Monday Aug 13, 2018

SA residential properties valued at R5.3 trillion

Gauteng, the country's smallest province, accommodates most of South Africa's homes while the geographically biggest province - the Northern Cape - is home to the fewest.

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Cape town rental agents expect a busy summer

Short-term rental agents across the Western Cape are expecting a busy summer, with bookings "already in full swing" and some properties demanding up to R250 000 a night.

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SA's global property rights ranking slumps 15 places

South Africa has slumped 15 places to 37th in the latest global property rights rankings, the largest drop by any country.

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Durban property valuations under suspicion

Two senior officials in the ethekwini Municipality's real estate department are at the centre of an investigation linked to the alleged undervaluing of several private hospitals, which has brought the city's valuation roll into disrepute.

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Tshwane jails property owner over noise offences

The City of Tshwane has demonstrated that offences - no matter how minor they seem - will not be tolerated in the metro, when it prosecuted a tavern owner for noise pollution.

Phillip Mafata, 44, owner of a tavern in Soshanguve, was sentenced to two years in prison for contravening the Gauteng Noise Control Regulations.

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Durban agrees to come clean with anti-mast lobby

The eThekwini Municipality has agreed to co-operate with the anti-cell mast lobby group which has demanded to know how the city allowed a cellular company to install masts in sensitive areas.

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Friday Aug 10, 2018

Cape Town house price slowdown broadens

Cape Town's estimated average house price declined to 8.7% year-on-year in the second quarter of this year, according to a FNB report.

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Upper-income house price growth slows

House price growth in the luxury and upper-income areas slowed further in the second quarter, but accelerated in the three middle- to lower-end house price segments, with average prices under R1 million, according to FNB.

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Farmers wait and see on land reform proposals

Farmers are playing a wait-and-see game on the controversial expropriation of land without compensation, as there have been no panic sales of farms.

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Tuesday Aug 07, 2018

FNB: property prices to decline further

The average house price growth is likely to be slower than anticipated for this calendar year, with FNB forecasting another year of decline in house prices after taking in account the impact of inflation.

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