Residential property demand creates global surge in transaction volumes

Analysing 15 cities across the globe, a report by international property firm, Savills, reveals that in the first half of 2021, 80% of locations saw transaction volumes for end-user residential property exceed H1 2019 figures. Says Dr Andrew Golding, chief executive of the Pam Golding Property group, which is the exclusive residential real estate partner for  Savills  in […]

INCREASED MOVEMENT IN THE LUXURY RESIDENTIAL PROPERTY MARKET

One of the noticeable trends in the residential property market this year has been a discernible uptick in demand for luxury homes in the R10 million-plus price band – a sector where freehold properties have enjoyed an increase in demand, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Much of this demand […]

MILLENNIALS ARE DOING IT FOR THEMSELVES (SMALLER IS BETTER)

There is a seismic shift in the residential property market, much of which is attributable to the upsurge in demand from the Millennial generation, who for the past five consecutive years have represented the largest share of the home buying market. Late to home buying compared to previous generations – with many either living at […]

6 THINGS TO REMEMBER WHEN SELLING YOUR HOME

Selling your property can be an overwhelming affair, even for the most seasoned investor. That is why we’re here to ensure that you experience moving home differently. Being prepared for the nuances in advance can help ensure a smoother process, and will help you steer clear of the most common pitfalls. Bond cancellation notice – banks […]

PAM GOLDING PROPERTIES IS BEST INTERNATIONAL REAL ESTATE AGENCY AND BEST REAL ESTATE AGENCY IN AFRICA

Hot on the heels of being awarded Best Real Estate Agency in South Africa 2020-2021 (over 20 offices), Pam Golding Properties has received global recognition by being awarded Best International Real Estate Agency and Best Real Estate Agency in Africa (2020-2021) in the world-renowned International Property Awards. Open to property professionals from around the world […]

RESIDENTIAL PROPERTY REMAINS A SOUND OPTION FOR INVESTMENT

The Covid-19 pandemic and lockdown has prompted many people to reassess their priorities and make changes and life choices that reflect a more balanced and, in some cases, even a more cost-effective lifestyle. This shift is particularly evident in the residential property market, with numerous transactions since the hard lockdown mirroring this trend, says Dr […]

UNCHANGED REPO RATE PROVIDES STABILITY FOR HOME BUYERS WITH MORTGAGES

With all indications that the Monetary Policy Committee would retain the status quo, it was no surprise that the decision was taken to leave the repo rate unchanged at this month’s (May 2021) meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “This provides stability to the market in respect of aspirant […]

HISTORICALLY LOW-INTEREST RATES STILL REPRESENT A BUYING OPPORTUNITY FOR ASPIRANT FIRST-TIME HOMEOWNERS, SAYS DR ANDREW GOLDING

With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Says Dr Golding: “This means that the prime […]

WHAT DEFINES A LUXURY HOME IN TODAY’S WORLD?

While the concept of ‘luxury’ means a variety of things to different people when it comes to their primary residence – particularly since the advent of the Covid-19 pandemic and ongoing levels of lockdown – there are several key factors which buyers seek when buying a luxury home. And, says Tania Smit, who heads up Pam […]