Real estate investment trusts, commonly known as Reits, are facing increasing pressure amid the continued Covid-19 pandemic...
John Jack 26 Apr 2021
Last year's five consecutive repo rate cuts, which dropped the prime lending rate to a record low of 7%, has resulted in an increase in buyer activity in the property market...
The Reserve Bank has completely missed the mark with their decision to retain the repo rate at 3.5% (home loan base rate at 7%)...
Samuel Seeff 26 Mar 2021
The South African Reserve Bank's Monetary Policy Committee (MPC) has unanimously decided to leave the repo rate unchanged at 3.5%...
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%...
Adrian Goslett 25 Mar 2021
The surprise turnaround of the residential property market is possibly the greatest economic highlight of the past year...
Carl Coetzee 18 Mar 2021
Results from a vote by 25 economists on Finder's repo rate forecast report were unanimous - the South African Reserve Bank (SARB) will hold the repo rate...
As we await the National Budget Speech later this month, many investors and roleplayers in the real estate industry are holding their breath to gauge the year ahead...
Pearl Scheltema 15 Feb 2021
BetterBond CEO Carl Coetzee has welcomed the Monetary Policy Committee's recent decision to hold the repo rate steady at 3.5%...
The decision by the South African Reserve Bank (Sarb) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing for the economy and property market...
Samuel Seeff 22 Jan 2021
Although the inflation outlook remains subdued below the mid-point of the 3% to 6% range, the Sarb's forecast model points to a potential 50 basis hike for 2021...
Paul Makube 22 Jan 2021
The repo rate remains unchanged at 3.5% per annum, South African Reserve Bank governor, Lesetja Kganyago, said during a virtual media briefing on Thursday...
While a further reduction to the interest rate would have been a bonus for aspirant first-time home buyers and existing homeowners...
Dr Andrew Golding 21 Jan 2021
If you've been holding out for the perfect time to leap into the property market, you're not going to be disappointed this year...
Craig Mott 21 Jan 2021
After the worst economic downturn in decades, economic growth is still widely expected to show some positive growth of around 3% this year...
Dr Andrew Golding 19 Jan 2021
The majority of a 15-member panel expects the South Africa Reserve Bank (Sarb) to hold the repo rate this week but over a third (36%) think the bank should cut the rate...
What a year 2020 has been! So, we've curated the year's most popular articles, most-read contributors and brand press offices with the most views on Bizcommunity's Finance & Insurance platform into our #BestofBiz2020 list...
Considering the challenging year we've just experienced, it would seem contrary to say the housing property market is gearing up for a bumper year ahead. However, given five consecutive repo rate cuts, which has dropped the prime lending rate to a record low of 7%, 2020 has been a surprisingly good year for the property market...
Carl Coetzee 10 Dec 2020
The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing and out of step with the economy...
Samuel Seeff 20 Nov 2020
What we are experiencing at present is a continued strong uptake in demand for residential property acquisitions around the country - particularly in the price band up to R3m...
Dr Andrew Golding 20 Nov 2020
The South African Reserve Bank (Sarb) has kept the repurchase (repo) rate unchanged at 3.5% per annum...
The South African Reserve Bank has once again left the repo rate unchanged at a record low of 3.5% in its November 2020 meeting...
Paul Makube 20 Nov 2020
Buying a home is a long-term commitment, especially as it involves a bond that could take upwards of 20 years to repay...
Carl Coetzee 18 Nov 2020
Now on Level 1 lockdown, it is hopeful that South Africa is on the path to economic recovery, however, there is still some way to go, with the economy anticipated to shrink by 7.8% this year...
As previously expected, the Covid-19 lockdown, and resultant deep recession, has been taking its toll on the commercial property market, dragging capital growth deeper into negative territory in the first half of the year...
John Loos 16 Oct 2020
The sounds emanating from the property market in recent months seem to point to two almost totally different worlds...
John Loos 18 Sep 2020
The South African Reserve Bank (Sarb) has kept the repurchase (repo) rate unchanged at 3.5% per annum...
The Sarb considered risks to both growth and inflation as balanced, and signalled no intention to make further cuts for the remainder of 2020. However, in the second half of 2021 we may see the first round of hikes...
Paul Makube 18 Sep 2020
The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is welcome news...
Samuel Seeff 18 Sep 2020
The Monetary Policy Committee's decision to keep the repo rate stable was not entirely surprising, as the 300bps rate cuts for the year to date are still taking effect...
Dr Andrew Golding 18 Sep 2020
Following the economic downturn and immense pressure placed on businesses as a result of the worldwide Covid-19 pandemic and ensuing global lockdown, National Treasury, the South African Reserve Bank and the Banking Association of South Africa announced the launch of the Covid-19 Loan Guarantee Scheme...
Chantel van Zyl and Penjani Mseteka 16 Sep 2020
The South African Reserve Bank (Sarb) is expected to hold the repo rate next week, despite over a third (36%) of economists on Finder's repo rate panel calling for a rate cut.
Whether you are looking to replace lost income due to Covid-19 or simply aiming to plug a gap in the market, now is the opportune time for you to start a business...
According to recent research from home loan originator ooba, first-time home buyers increased by 12% in June, with the average age of buyers being 34...
The increasing financial pressure of the national lockdown means that hot button topics such as evictions and affordability can no longer be ignored...
Grant Smee 6 Aug 2020
Every investor will at some point be confronted with making a decision on whether or not to sell a long-term asset such as a property, says Praven Subbramoney, CEO of Private Bank Lending at FNB...
Contrary to popular opinion, the new repo rate will result in investors with solid balance sheets lining up for opportunities...
John Jack 27 Jul 2020
The South African Reserve Bank (Sarb) Monetary Policy Committee (MPC) reduced interest rates by 25 basis points to 3.5% at the scheduled July 2020 interest rate-setting meeting on benign inflation and fragile growth...
The decision by the Reserve Bank to cut the repo rate by a further 25 basis points to 3.5%, reducing prime and the base home loan rate to a further historic low of 7% is welcome relief for the property market and households...
Samuel Seeff 24 Jul 2020
The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%...
Dr Andrew Golding 24 Jul 2020
Like many industries, real estate and construction has been hard hit by the effects of Covid-19 and the national lockdown after a year of a solid growth of 9% in 2019...
Richard Walker 23 Jul 2020
With the repo rate currently sitting at an unprecedented low, buyers and investors are caught between buying off-plan vs. buying an existing property...
Experts are divided on whether the South Africa Reserve Bank (Sarb) Monetary Policy Committee (MPC) will hold or decrease the repo rate later this month...
The South African Institute of Black Property Practitioners (SAIBPP) notes with concern the recent Supplementary Budget presented by the minister of finance, Tito Mboweni...
Tholo Makhaola 29 Jun 2020
The Monetary Policy Committee (MPC) once again voted in favour of lowering the repo rate this month by 50bp to 3.75%...
The announcement of a further reduction of 50 bps in the repo rate will have a positive effect on the residential property market, albeit deferred until potential buyers can begin transacting in earnest...
Dr Andrew Golding 22 May 2020
The fourth interest rate cut of 2020 is good news for consumers, but it could be even better news for those who have been renting for a long time and are looking to become homeowners...
Carl Coetzee 22 May 2020
A combination of favourable crude oil price outlook, lower local inflation with risks to the downside, and economic contraction afforded the South African Reserve Bank room to cut the repurchase rate...
Paul Makube 21 May 2020
Eighty percent of the economists on Finder's Repo Rate Forecast Report panel agree the rate will go down next week, but there's no consensus on how many bps the rate will move.
A slowing capital growth trend, into negative territory by 2019, has been in play in recent years. The coronavirus crisis is likely to add momentum to this correcting trend in 2020...
John Loos 4 May 2020