News

The cost per square metre of new housing built during January to November 2013 increased by 9.7 percent y/y to an average of R5 160, reveals report...

Both sectional title unit and freestanding home prices have continued on an upward trend since 2012, with many young buyers moving into the area...

Homes in Kempton Park in Ekurhuleni have seen average property prices increase in value from R342k in 2004 to a current average of R915k...

South African economic growth is expected to recover somewhat to 2.7 percent and to 3.2 percent in 2014 and 2015 respectively, says economist...

Global franchisor RE/MAX once again holds the top position among real estate brands, as ranked in the 35th Annual Entrepreneur 2014 Franchise 500®...

Bachelor flats in Rondebosch and surrounds now rent out at anything from R4 900 to R8 000 per month, while three bedroom units go for R9k to R15k...

Conservation-minded residential developers may be interested in a 34ha nature reserve near Gansbaai up for auction on 29 January...

South Africans are the wealthiest individuals in Africa with US$11 310 in wealth per person, while Ethiopians are the poorest with US$260 a person...

New middle-class families are snapping up large homes in Kuils River and demand is leading to stock shortages in the middle price range...

Located in KwaZulu-Natal, Newcastle Mall won the Spectrum Award for the best overall development in 2013 in the SACSC Retail Development and Design...

Properties sold in Kyalami Estates between Dec 2012 and Nov 2013 were priced between R1.5m and R3m, while 34.7 percent were priced above R3m...

Those under financial pressure sell and buy cheaper homes while many rent and try to settle debt with the profit they make out of their property...

The majority of recent sales in central Paarl have been in the R1.6m to R2.4m bracket, with demand for property in the town increasing...

The Benguela Cove Lagoon Wine Estate, located just outside Hermanus, is still somewhat of a hidden gem for luxury property buyers...

Higher property rentals in the December CPI were due to the tightening of lending criteria by banks, which negatively impacted access to home loans...

Excellerate Property Services has appointed Fundiswa ‘Fundi’ Mazibuko as the director of customer relationship management and business development...

Construction on Amalthea, a lavish lifestyle development on the Mauritian shoreline offering villas, duplexes and lodges, is currently underway...

After years of planning, Greenville Garden City, a new town on 767 hectares of land at Fisantekraal near Durbanville, has been signed into being...

Metropolitan areas are likely to see real property price growth and well priced homes will sell faster than properties in rural and coastal areas...

Cape commercial property is reportedly sought after buy foreign buyers who look for premises where returns are 10 percent or more per annum...