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INDUSTRY NEWS

RE/MAX NATIONAL HOUSING REPORT Q1 2019

According to Lightstone Property data, a total of 39,836 bond registrations were recorded at the Deeds Office over the period of January - March 2019, totalling an amount of R43,880,124,000. This translates into a 5.7% decrease in the amount of bonds... Read more

MPC ANNOUNCES GOOD NEWS FOR HOUSING MARKET: INTEREST RATES UNCHANGED

To the relief of all South Africans, the Monetary Policy Committee (MPC) announced today that interest rates will remain unchanged until their next meeting in May. The prime lending rate therefore remains at 10.25% and the repo rate at 6.75%. &ldq... Read more

RE/MAX BY THE NUMBERS 2018

Looking for reasons to choose RE/MAX? Below are just a few of the reasons why we are able to call ourselves the #1 brand in real estate… OUR LOCAL FOOTPRINT RE/MAX of Southern Africa has over 2,000 agents operating from over 160 offices, s... Read more

WHAT THE PROPERTY MARKET HOPES TO HEAR IN THE NATIONAL BUDGET SPEECH

Finance Minister Tito Mboweni will make his debut National Budget speech in Parliament today. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the National Budget speech has a profound impact on the property market... Read more

MPC ANNOUNCES INTEREST RATES WILL REMAIN UNCHANGED

Some good news to start the year off as the Monetary Policy Committee (MPC) announced today that interest rates will remain unchanged. The prime lending rate therefore remains at 10.25% and the repo rate at 6.75%. “South Africans should cele... Read more

RE/MAX NATIONAL HOUSING REPORT Q4 2018

A Stable & Steady Quarter Ending the year with roughly as many positive outlooks as there were negative, it is unsurprising that the fourth and final quarter of 2018 would yield slow but steady results. However, without any curve ball spikes i... Read more

PREDICTIONS FOR THE 2019 PROPERTY MARKET

Last year was a tumultuous one, from newly instated presidents to economic recessions, ever-rising fuel costs, interesting IT revelations from SARS and a few more Finance Ministers. As we enter the new year, the question for real estate investors as ... Read more

INTEREST RATES RISE TO CUT INTO HOLIDAY SPENDING

An unpopular yet unsurprising decision was made earlier today by the Monetary Policy Committee (MPC), as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would increase by 25 basis points. This will bring the prime lending r... Read more

5 FASCINATING FACTS ABOUT SOUTH AFRICAN REAL ESTATE

While reaching for your wine glass for the third time in the last 60 seconds, your partner across the table coughs purposelessly to try and fill the silence of one awkward dinner party. To help you avoid any future uncomfortable silences, we’ve... Read more