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Estate Agent Property News Articles
Market & Opinion
Residential rental market over-supplied as demand wanes
29 Nov 2021
Tenant demand for rental property in the third quarter of 2021 remains weak. This low demand is perhaps not surprising considering that the hard lockdown in the second quarter of 2020 wiped out 14% of all jobs. Even after some subsequent initial job recovery, the unemployment situation remains concerning at 34.4%, meaning 1.4 million pre-pandemic jobs have been lost.
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Industry
Estate agents urged to follow Covid-19 protocol as third-wave strikes
23 Jun 2021
As South Africa battles its third wave of mass Covid-19 infections, the Real Estate Business Owners of South Africa (REBOSA) is appealing to agents around the country to reinforce their health and safety measures.
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Market & Opinion
Record sales and new development this year as Plettenberg’s market booms
21 Oct 2021
Semigration and high demand are driving a bumper year in the scenic Garden Route town where record sales have been recorded since the end of the hard lockdown in June 2020, with 2021 already Plettenberg Bay’s best year to date.
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Market & Opinion
Stricter criteria and a poor economic outlook impacting self-employed bond applicants
14 Dec 2021
The impact of the pandemic on small and medium businesses in South Africa is clearly evidenced by the decline in the number of bond applications made by self-employed applicants since the initial lock-down in March last year.
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