ARTICLES RELATING TO PROPERTY MARKET

Smaller sized properties play catch-up

2014-07-12 10:00

While higher end areas have played catch-up with the lower end, in terms of market strength, smaller-sized properties still appear more popular.

UK flirts with a new house price bubble

2013-08-14 17:32

Britain is flirting with another runaway rise in house prices, according to a Reuters poll of economists, with a firm majority putting the chances at 50-50.

Seniors drive SA house sales

2013-07-17 12:26

Over a fifth of owners selling their homes are nearing retirement age and looking to scale down, a First National Bank study shows.

Property market remains subdued

2012-11-15 18:17

The local property market remained subdued during the first three quarters of 2012, Absa says.

Property demand highest in Cape Town

2012-07-16 13:05

Demand for residential property in the City of Cape Town is higher than that of the national average, a survey shows.

No 'Olympic' house prices

2012-07-15 12:59

Property prices in the vicinity of Olympic Park in London have not seen the anticipated revival.

Houses on the market for longer

2012-07-09 11:43

The average time a house is on the market has risen from 15 to 17 weeks, according to the FNB Estate Agent Survey.

Cashbuild Q2 revenue up 9%

2012-01-24 10:44

Building materials supplier Cashbuild says revenue for the second half rose 9% compared to the previous year.

Emigration property sales dive

2011-08-15 12:53

The FNB estate agent survey says the number of people selling properties because they want to emigrate is the lowest since 2008.

Hawks investigate estate board chief

2011-08-07 12:43

The Hawks have been called in to investigate the chairperson of the Estate Agency Affairs Board for allegedly receiving R200 000, reports the Sunday Times.

Profit rise for Acucap

2011-06-09 14:18

Property firm Acucap says its profit for the year was up to R427.5m.

Absa: House prices still in decline

2011-06-09 12:02

The prices of homes for which Absa approved mortgages were largely in decline in May, says the bank.

Estate agent ordered to stop operating

2011-05-24 12:15

Constantia Sectional Title Management has been prevented from continuing to work as an estate agent by a high court order.

Affordability improves

2011-05-19 00:00

The First National Bank estate agent survey for first quarter 2011 points to agents’ perceptions of housing affordability – in terms of price levels relative to buyer income levels – having improved significantly.

Hyprop acquisition gets the nod

2011-05-13 15:55

Hyprop shareholders have approved its acquistion of Attfund Retail, its single largest purchase.

Redefine to buy Zenprop assets

2011-05-04 16:21

Redefine Properties says it has an agreement to acquire seven properties from the Zenprop stable.

Investec to list property fund

2011-04-06 15:18

Investec says it will list a R1.7bn property fund on the JSE in mid-April.

Slight uptick in Standard's house prices

2011-04-05 17:43

Standard Bank says while there was a marginal increase in house price growth in February, it would be negligible for the rest of the year.

Auctioneers get a hammering

2011-03-27 11:45

SA’s multibillion-rand auction industry is set for a dramatic change by new legislation when the Consumer Protection Act comes into effect on April 1.

It's a buyers' market: ooba

2011-03-22 11:41

Bond originator ooba says house price growth continued to decline in February, providing opportunities for home buyers.

Tribunal approves property tie-up

2011-03-10 17:44

Capital Property Fund's plans to buy the whole of Pangbourne has been given the nod by the Competition Tribunal.

New law favours property cancellations

2011-03-07 16:03

Consumers who buy property through direct marketing channels will be able to cancel deals even after registration under the new Consumer Protection Act.

Median house price growth eases

2011-03-03 18:39

The growth in its median house prices eased in February and is likely to remain sluggish, says the Standard Bank.

Budget may help first-time home buyers

2011-02-23 21:00

The increase of the transfer duty exemption will make a "meaningful" difference to first-time buyers, estate agents say.

Budget may help first-time home buyers

2011-02-23 21:00

The increase of the transfer duty exemption will make a "meaningful" difference to first-time buyers, estate agents say.

 

US housing regaining footing

2014-06-23 18:49

US home resales have increased more than expected in May and the stock of properties for sale was the highest in more than one-and-a-half years.

Coastal property prices rise

2013-07-26 19:05

Absa's latest housing review shows that house prices along KwaZulu-Natal's coast and around the Cape Peninsula have grown "relatively strongly" the past year.

First-time homebuyers on the rise

2012-08-14 14:27

The residential property market has seen continued year-on-year growth in property prices, especially for first-time buyers, says bond originator ooba.

Beware the fly-by-night letting agent

2012-07-16 10:12

Be on the lookout for scamsters whose only aim is to make you pay a deposit for rental accommodation so that they can make off with the money.

Estate agents’ board chief suspended

2011-08-26 16:48

The trade and industry minister has suspended the Estate Agency Affairs Board chairperson - the second high-profile action against a senior official at the body.

EAAB stands behind its chairperson

2011-08-08 13:21

The Estate Agency Affairs Board says it fully supports its chairperson Thami Bolani, in spite of weekend media reports of a Hawks probe into his affairs.

BBC puts landmark up for sale

2011-06-13 15:46

As part of an effort to cut costs, the British public broadcaster is to sell its Television Centre which could raise more than £300m.

Cape Waterfront deal gets green light

2011-06-09 13:31

Growthpoint Properties says all conditions for its R9.7bn acquisition of the V&A Waterfront have been met.

Property tycoon in new row

2011-06-06 14:05

Businessman Roux Shabangu, who is at the centre of controversial leases on police buildings, is facing a claim for about R5m, reports the Sowetan.

Interdict sought against estate agent

2011-05-23 16:23

The Estate Agency Affairs Board says it has applied to the High Court for an interdict against Constantia Sectional Title Management.

BEE property fund makes JSE debut

2011-05-17 11:14

Rebosis Property Fund has become the first black-owned fund in the sector to list on the JSE.

Disorder in the house

2011-05-05 00:00

Who didn’t want to be an estate agent four years ago? After all, the industry was raking in buckets full of money on the back of one of the strongest housing booms South Africa had ever seen. Back then, residential property sales were topping R20bn/month.

More estate agents in suspected graft

2011-04-07 12:37

Two "major" agencies are being investigated while amnesty has been offered to those operating without valid certificates, says the Estate Agency Affairs Board.

Residential property plays catch-up

2011-04-06 11:44

Commercial property is no longer the best bet as the performance gap with returns on residential narrows, writes Joan Muller.

High-end houses harder to sell: FNB

2011-03-28 11:44

Properties in the upper income bracket took longer to sell in the first quarter than those in the middle and lower segments, an FNB survey shows.

Wichford, Redefine mull tie-up

2011-03-23 11:49

Redefine International plcl says it has an in-principle understanding with London-listed Wichford regarding a merger.

Liberty fined for property 'restraint'

2011-03-14 14:07

Liberty Group has agreed to pay a penalty for dividing up a property market between itself and Bedford Square Properties, says the Competition Commission.

Waterfront weighs on Growthpoint

2011-03-10 12:08

Listed property firm Growthpoint has shown an acceleration in income growth but questions remain on how the V&A Waterfront will affect future prospects, writes Joan Muller.

Weak house prices to persist: Absa

2011-03-07 11:57

The property market is expected to remain under pressure this year and Absa forecasts nominal house price growth of only 1.5%.

Budget may help first-time home buyers

2011-02-23 21:00

The increase of the transfer duty exemption will make a "meaningful" difference to first-time buyers, estate agents say.

Budget may help first-time home buyers

2011-02-23 21:00

The increase of the transfer duty exemption will make a "meaningful" difference to first-time buyers, estate agents say.

 
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