Property News

South Africa’s property market is showing early signs of recovery, with the latest FNB House Price Index (HPI) revealing an increase to 1.2% year-over-year (y/y) in January 2025—the highest growth rate since June 2023. While still subdued, this trend signals improving buyer confidence, fueled by easing financial pressures and shifting lending conditions.

Selling a property is a complex process that requires careful planning and execution. While some minor mistakes may not significantly impact a sale in a strong seller’s market, serious errors can derail a transaction entirely. In a tougher market, even small missteps can prove costly.

Selling your property comes with several costs that homeowners should prepare for. These include bond cancellation fees, compliance certificates (electrical, plumbing, gas, beetle, and electric fencing), and advance payments for rates, taxes, and levies. Sellers must also account for estate agent commission, potential Capital Gains Tax, and moving costs. Planning ahead can help you avoid unexpected expenses and ensure a smooth property transfer. Read our full guide to understand each cost in detail.