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Residential property price growth slows sharply
Wednesday, January 10, 2007 (121 reads)
Johannesburg - Latest data on residential property prices show that growth has slowed sharply. The average rate of increase in 2006 fell to 9.8 percent from 24.7 percent in 2005, according to Standard Bank
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Careful Checks curb tenant problems
Tuesday, January 09, 2007 (131 reads)
With the increase in interest rates and the December consumer spending spree, beginning to slow down, renting of homes and flats is once again on the increase. Tenants must be prepared to go through careful inspection procedures
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Cards turn up trumps for banks
Monday, January 08, 2007 (130 reads)
Johannesburg - Banks have been getting bad press of late for showering unsolicited credit cards on consumers, including those who are in no position to take on additional debt. But their behaviour, which often seems reckless, makes business sense, according to a banking analyst at JPMorgan.
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'07 Residential Property Predictions
Friday, January 05, 2007 (141 reads)
2006 was a watershed year in the South African residential property sector, with trends that were already discernible becoming even more evident.
So says Bill Rawson, Chairman of Rawson Properties. Asked to define these trends, Rawson mentioned:
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New rates law ‘not meant to increase income’
Thursday, January 04, 2007 (135 reads)
THE City of Johannesburg has warned against “premature” assumptions that the pending rates review process will increase rates even before research is finalised and the draft rates scale is drawn up.
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Foreign buyers ‘driven off
Wednesday, January 03, 2007 (143 reads)
CAPE Town-based international remortgaging firm Bond Busters says consistent negative overseas press coverage about crime, former deputy president Jacob Zuma and the threat of foreign buying restrictions in SA could be behind the drop in foreign buying activity in the country.
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Nedbank Funds Century City Project
Tuesday, January 02, 2007 (142 reads)
Nedbank Corporate Property Finance has renewed its longstanding connection with Harries Projects by providing the funding for their latest commercial development at Century City.
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