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Real estate industry welcomes new Property Practitioners Act

As of the 1st of February 2022, the new Property Practitioners Act (PPA) will come into effect. According to Tony Clarke, Chairman of the Real Estate Business Owners of South Africa (REBOSA), this is a welcome step in the right direction for an industry previously plagued by unclear and often...

News Residential

Residential building activity anticipated to peak

The StatsSA November 2021 release of residential building plans passed show a year-on-year decline in the number of unit plans passed to the tune of -13.6%. According to FNB, for the three months to November 2021, the year-on-year growth rate was still a positive +12.3%, but this too reflects a...

News Residential

Current wave of home buying activity driven by older generations

Mortgage approvals during the first nine months of 2021 were approximately 34% higher compared to the same period in 2019, according to Deeds Office data and FNB’s latest Residential Property Barometer, with the value of outstanding mortgage advances 7.3% higher when compared to the same period in...

Advice and Opinion

Advice and Opinion

The complexity of buying or selling a farm in SA

The market for farms in South Africa has attracted significant interest over the last few years with an increase in available properties, largely due to Government’s redistribution-of-land policies and the increase in cost of farming. However, availability of stock has been countered by an upswing...

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