OUTLOOK AND TRENDS IN THE RESIDENTIAL PROPERTY MARKET

OUTLOOK AND TRENDS IN THE RESIDENTIAL PROPERTY MARKET – DR ANDREW GOLDING

2020 Vision Following another year of tepid economic growth, and with the latest round of load shedding further dampening the economy and expected to result in a Moody’s downgrade early next year, where does that leave South Africa’s residential property market? With household finances under pressure for the foreseeable future, the focus is likely to […]

Dr Andrew Golding Chief Executive Pam Golding Property group (2) high res

PAM GOLDING PROPERTIES ANNUAL RESIDENTIAL PROPERTY REPORT 2019

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 […]

JUMP-START NEEDED FOR ECONOMY AS REPO RATE REMAINS UNCHANGED

JUMP-START NEEDED FOR ECONOMY AS REPO RATE REMAINS UNCHANGED

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 […]

Pam Golding Properties comments on repo rate

PAM GOLDING PROPERTIES COMMENTS ON REPO RATE

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 […]

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NO QUICK FIX FOR SA’S BUDGET, BUT THERE’S SOME HOPE

Dr Andrew Golding comments In what was arguably one of the most closely watched National Budget speeches in recent years, Finance Minister Tito Mboweni outlined Government’s plan to boost growth, increase tax collection and reduce debt, with strong attention paid to Eskom and SOEs. A clear thread running through the Budget Speech was a need […]

THE CURRENT LENDING MOOD IN SOUTH AFRICA

THE CURRENT LENDING MOOD IN SOUTH AFRICA

How to save time and search for a home within your affordability A foothold on the property ladder is still perceived as one of the most sound approaches to wealth creation. In only 03:32 minutes, Bradd Bendall, GM-Operations of Pam Golding Properties, offers insight into the current lending mood and criteria of banks. Find out […]

PRIME GLOBAL CITIES FEEL THE CHILL OF INTERNATIONAL HOUSING DOWNTURN

PRIME GLOBAL CITIES FEEL THE CHILL OF INTERNATIONAL HOUSING DOWNTURN

Traditionally, property has been viewed as an inflation hedge – an asset which provides protection against rising prices. However, in the decade since the global financial crisis, property has increasingly been viewed as a safe haven – an asset which allows an investor to safely store their wealth during times of market turbulence. This has […]