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Latest real estate news in Mpumalanga, Hammarsdale view all news in Mpumalanga
Surging ahead - Rental growth marks the fastest pace since 2017
Market & Opinion
Surging ahead - Rental growth marks the fastest pace since 2017
01 Dec 2023
The latest PayProp Rental Index has recorded uninterrupted rental growth for the eighth consecutive quarter in Q3 2023.
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Rental growth hits highest level since 2017
Market & Opinion
Rental growth hits highest level since 2017
25 Aug 2023
Quarterly year-on-year rental growth continues to accelerate in South Africa, reaching its highest level since the final quarter of 2017. PayProp’s most recent Rental Index shows that rental growth reached 4.4% in both April and May, followed by 4.2% in June 2023. The average national rent figure now stands at R8 375.
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The popularity of golf estate homes continues to grow
Market & Opinion
The popularity of golf estate homes continues to grow
18 Aug 2023
During the Covid-induced property boom, demand for golf estate homes increased when work-from-home space and ‘room to breathe’ fuelled a growing demand for more spacious properties.
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Improved rental returns are expected from well-positioned properties
Market & Opinion
Improved rental returns are expected from well-positioned properties
26 Apr 2023
According to TPN Credit Bureau, aggressive interest rate hikes will slow down residential property value growth, but well-positioned properties are expected to show improved rental returns.
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