Wednesday, 12 September 2018 13:10

South African millennials are buying homes

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

Thursday, 15 March 2018 09:58

The winds of change are upon us

You can feel it in the air - 2018 is off to a very positive start. Government is taking a serious look into corruption and overall a feeling of positivity is sweeping across the country, thanks largely to the election of Cyril Ramaphosa as our new leader.

2nd Quarter 2017 SARB New Mortgage Lending data, released in the latest SARB Quarterly Bulletin, showed a renewed slowing in the year-on-year growth rate into negative territory in the 2nd quarter, after a briefly positive growth rate in the 1st quarter of 2017.

Listed Hospitality Property Fund disposes of Inn On The Square for R157m through its wholly owned subsidiary HPF Properties.

Tuesday, 16 August 2016 12:26

How common are 100% home loans?

A question often asked is to what extent mortgage lenders still provide “100% loans”, meaning mortgage loans that amount to 100% of the value of the home being purchased.

Perhaps one contributing factors to the formation of residential property “bubbles” or “overshoots” across the world over the years is the lengthy leads and lags between the start of a “negative” economic event, such as an interest rate hiking cycle, and the start of a rising trend in bad debt levels.

Friday, 07 February 2014 22:04

Residential property market in 2014

Total year-on-year national house price growth was recorded at 7.4% at the end of December 2013 which was 0.15 % above Lightstone's optimistic forecast for last year.

The half point increase in the repo rate announced by the Reserve Bank on Wednesday (29 January 2014) certainly sent a shock wave through markets.

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