Property markets through the ages have behaved in cyclical patterns and there is nothing to suggest that the current environment is systemic or permanent While current market conditions are dominated by political and economic headwinds, there is a sense firstly that the economy has the potential to improve in the near term and that from […]
Signs that the residential property market is beginning to stabilise Overall, 2019 is proving to be another year of tepid economic growth (see chart below), resulting in yet another year in which government revenues have disappointed – placing additional pressure on the country’s financial situation and in turn, on consumers. SOURCE: SA Reserve BankSARB GDP […]
EB-5 is currently the fastest way for high net worth individuals to obtain a U.S Green Card for their family. It was created to stimulate the U.S economy through job creation and capital investment for foreign investors. The United States EB-5 Investment Programme offers investors a fast and simple way to acquire a non-restrictive Green […]
Meaningful confidence boost required to stimulate the property market Sentiment is a key driver of investor confidence and the residential property market is no different in this regard. So while today’s announcement by the Monetary Policy Committee that the repo rate will remain unchanged is positive in terms of stability, it is unlikely to stimulate […]
Quadrant Gardens, now open, offers independent living in a prime location Soothing green hues and elegant décor usher you into what feels more like a luxury resort, than a retirement development. A smiling concierge welcomes you to Quadrant Gardens, an oasis for those wanting to enjoy their golden years in a beautiful setting that offers […]
Signs of an emerging turnaround in residential property activity are continuing The housing market in South Africa demonstrates ongoing resilience despite the challenges of a muted economy and socio-political impacts. This is according to Dr Andrew Golding, chief executive of the Pam Golding Property group, who says that promising signs include a decline in ‘time […]
Residential property buyers in Durban have been galvanised into action, if Pam Golding Properties is anything to go by, with realistically priced homes selling within a week or two. Residential property buyers in Durban have been galvanised into action, if Pam Golding Properties is anything to go by, with realistically priced homes selling within a […]
Ongoing demand for secure, luxury living drives Stellenbosch’s sectional title market Sectional title property prices in the university town of Stellenbosch continue to show steady growth, fuelled by the ongoing demand for lock-up-and-go living close to campus and the many amenities in town. In the past year, these prices have increased by 6.3%, well above […]
The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group. According to FNB economist Siphamandla Mkhwanazi, the latest […]
Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year. “Time to buy is certainly now.” – Dr Andrew Golding, CE of the Pam Golding Property group They also underscore the opportunity for home buyers to […]