Property News

After a second, very welcome, drop in the interest rate and inflation’s sharp upward trajectory seemingly curbed, investor sentiment is cautiously optimistic, and South Africans are once again looking to invest rather than divest with many turning to real estate which is traditionally regarded as one of the most stable investment options.

Are you thinking of selling your home during the December holidays? While the festive season brings unique challenges—like buyers being on vacation or companies closing—you can still turn this into an opportunity. With careful planning and the right strategies, you can attract motivated buyers looking to close before the new year.

outh Africa’s rental market saw robust growth in Q3 2024, with average rents increasing to R8,856 and tenant affordability improving. For the first time since early 2023, tenants spent less than 30% of their income on rent, thanks to rising disposable incomes and easing debt pressures. The Western Cape led provincial growth at 9.3%, while Gauteng experienced slower growth at 3.1%. Lower inflation and interest rate cuts are expected to further strengthen tenant finances and support sustainable rental market growth.