Our debt-to-GDP ratio is growing, we're running a problematic current account deficit, state-owned companies are a drag on the economy and our bloated public service wage bill needs to be trimmed. We're running out of money, and fast.
But it's not even a record. In 2017, another parking bay in Clifton sold for R1.65 million.
There is a possible oversupply of residential properties in the country.
The city says it will reconsider controversial property valuations following a public outcry over its new valuation list.
Getting ready to buy your first home is exciting, but the process is complicated – and daunting. Here are tips to make sure all your ducks are in a row when you take the leap.
Need a new dream home? Here are five, courtesy of Property24.
The “slow puncture” of property prices decreasing to levels that better reflect a poorer economy has started, says FNB property economist John Loos.
Dubai property prices are cooling to healthy levels after a two-year rally during which real estate rebounded from a slump when the global financial crisis hit.
The local property market remained subdued during the first three quarters of 2012, Absa says.
The property market is expected to remain under pressure this year and Absa forecasts nominal house price growth of only 1.5%.
The buyer is reportedly a local resident who will live there.
Some 2,400 homes in South Africa are valued at R20 million or more. The next hotspot suburbs for homes of that price could be: Keurbooms, Natures Valley, Zinkwazi, St Francis Bay, and Noordhoek.
If you live in Rosebank, Braamfischerville, or Parkwood, you're not likely to have much luck fighting the City of Johannesburg over a new rates-and-taxes valuation.
A recent Global Cities Index report placed Cape Town third in the world for property price growth for the past year. Regular Capetonians are finding it increasingly difficult to gain a foothold in the local property market. News24 investigates. Watch.
Property values have continued to grow in the past 12 months, with the average home price showing a year-on-year rise of 5% to R971 000, statistics show.
British property prices are expected to fall in 2015 following a steep rise over this year, with prices predicted to fall 0.8% year-on-year.
This beautiful French farmstyle homestead is fit for a queen...with a price tag to match.
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.
Cape TownTracking Talent
Cape TownAmazon Development Centre SA (Pty) Ltd
Cape TownFinovate People
R 4 750 000
R 3 400 000
R 3 000 000
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