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Building sector sees downturn in Q1

Residential building activity in the South African market for new housing deteriorated on a quarterly as well as an annual basis in the first quarter of 2012, according to Jacques du Toit, property analyst at Absa Home Loans.

18 May 2012

Future new housing demand and supply will be driven by developments with regard to the local economy, factors related to the residential building sector, as well as trends in respect of household finances and consumers' risk profile, which may impact the affordability of housing and the accessibility of mortgage finance.

Top stories

Giant Films' Emma Lundy named head of Clio Awards jury for film

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Thule Ngcese, creative partner & co-founder at Distrikt 9, a supplier development partner of VML South Africa, has watched from the jury room as work out of the Middle East increasingly dominates the Loeries. The South African creative industry, he says, needs to up its game (Image supplied)

Marketing & MediaThule Ngcese: "Time to lead, not follow. SA needs to up its game."

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Image credit: on

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Ornico opens the 4th Annual South African PR Measurement Landscape Survey

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Unlock your future: Solwazi Institute opens its doors to make accredited skills training accessible

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SABC News team awarded the Ricardo Ortega Memorial Prize

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Publicis West Africa, Moving Walls launch Ghana's first advanced OOH measurement platform

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Tiisetso Masimula, director, Transcend Capital

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