Township property markets also hit by pandemic, riots

The pandemic has had an impact across all sectors of the economy, the township markets property included. While the rest of the country saw an increase in activity among buyers, township markets also saw a few new trends emerge.

“Following the initial lockdown, the South African property market experienced a period of unprecedented activity as low interest rates and pent-up demand drove the number of sales through the roof. This period of hyperactivity lasted longer than expected and is only now seeming to be returning to usual,” remarks Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett.     

Real estate sector can boost female artisans

It’s women’s month in South Africa and as we celebrate the skills and achievements of South African women, we also need to look at barriers still facing women.

In the workplace, these barriers include the gender pay gap, as well as the fact that in South Africa, women are 9% more likely to be unemployed than their male counterparts. Yet, there are still roles and skills that employers struggle to hire for.

Speakers Corner: Your rights and responsibilities towards the dream lifestyle you buy

It’s often the lifestyle - portrayed through beautiful photographs and a little advertising poetry - that gets potential buyers excited about the prospect of fishing, golf or bespoke wine in their own back yard.

According to the Association of Residential Communities (ARC), when buying into a residential community that is governed by a homeowner’s association (HOA) or a body corporate, most do not fully understand the many intricacies involved in running or living within a community, as opposed to a regular suburb.

Property group breaks Italian ties

The Chas Everitt International property group has announced it will no longer be associated inany way with a "new elective residency programme" that purports to offer South Africans a way to fast-track the acquisition of Italian citizenship.  

Bursary applications now open for valuers

The South African property industry is multifaceted and ever-changing, requiring highly skilled professionals to help navigate and interpret the market. However, professional property valuers are scarce, and the profession needs active development.

The South African Institute of Valuers (SAIV) looks after the interests of property valuers and the local property valuation profession and, as such, is pleased to open this year’s applications for the SAIV Bursary Programme.