SA property trends to look out for

Property, like all investments, is cyclical. The 70s, 80s and 90s were volatile years and the early 2000s saw a Rainbow Nation run of seven years where house price growth was over 15%. In 2004, it was more than double that, says CEO of Just Property, Paul Stevens.

Then came the 2008 recession, and 2009 saw negative growth. Since then, the South African property market has wobbled along at a low average rate of growth.

Stevens is cautiously upbeat about what we can expect from the residential property market going forward.

Residential property demand creates global surge in transaction volumes

Analysing 15 cities across the globe, a report by international property firm, Savills, reveals that in the first half of 2021, 80% of locations saw transaction volumes for end-user residential property exceed H1 2019 figures.

Can you get out of an offer to purchase?

To many home buyers the offer to purchase is the ultimate step in obtaining that dream home or property. The estate agent handling the purchase process will also advise the client of the importance of such a step and the way in which this documentation should be approached.

EVP – the new reason to get up for work

SPEAKERS CORNER: Covid-19 has been a catalyst for change in the way people work globally, but what do these changes mean in terms of employers adjusting their approaches to retaining and recruiting talent? Sibongile Bobo Mngxali, Head: HR at Roche Diagnostics, shares some personal insight into the new reality from an HR leader’s perspective.