Latest News & Developments
Debate intensifies over the proposed redevelopment of Cape Town's Mowbray Golf Course, as housing activists call for measures to ensure affordability and racial redress in the face of potential displacement.
Debate intensifies over the proposed redevelopment of the Mowbray Golf Course in Cape Town, as housing activists call for measures to ensure affordability and racial equity in the city's housing plans.
Human Settlements Minister Thembi Simelane has promised accountability after the Neo Victoria residential project collapse claimed 34 lives in the Western Cape. An investigation revealed alarming regulatory failures and safety violations that led to what Simelane described as a 'historic and horrific disaster. ' As South Africa faces a housing crisis affecting over 2 million people, this tragedy highlights the urgent need for reform in the housing sector
Residents in Centurion's Tshwane suburbs express frustration over a five-day power outage caused by the Brakfontein substation explosion as officials work to restore electricity.
Residents in Centurion's Tshwane suburbs express frustration over a five-day power outage caused by the Brakfontein substation explosion as officials work to restore electricity.
If affordability challenges persist and younger buyers are locked out of the property market, the country risks increased pressure on rental markets, less long-term wealth generation among youth and potentially a shrinking base of future homeowners.
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
Cape Town's property market is not only outperforming Johannesburg's but also attracting more out-of-town buyers, signalling a significant shift in South Africa's real estate landscape.
Inner-city property owners are caught in a precarious situation as they navigate the challenges posed by the Expropriation Act and the growing menace of hijack syndicates. With over 1,100 buildings hijacked in Johannesburg alone, these owners struggle to reclaim their properties while facing threats from criminal groups and government intervention aimed at repurposing abandoned buildings for affordable housing.
As US president Donald Trump opens up a line for South Africans to escape to America, Americans living in South Africa are living in bliss, calling it the "soft life" .
The Budget was postponed because of a controversial 2% VAT increase. With Minister of Finance Enoch Godongwana set to give the speech next week, property experts say a VAT increase would hit hard.
The civic organisation applauds Tshwane's proposed debt-relief programme, which could eliminate R10 billion in municipal debt for residents.
In 1994 the average house price was R150 000. Today the average house price in the country has exceeded R1. 6m, and it is getting tougher to own a home
Only a small percentage of South Africans who are single and work can afford a home worth R1. 3m
Real estate often acts as a hedge against inflation, as property prices have the potential to rise.
The proposed change in VAT will shake up the property market significantly.
The shortage of registered quantity surveyors in South Africa is causing significant delays and inefficiencies in housing and property development, intensifying the country’s ongoing housing crisis. Discover the critical solutions being proposed to revamp the sector and enhance community living standards.
A balanced budget would involve addressing economic growth which starts by stabilising debt to GDP ratio, investment into infrastructure and the recovery plan for Transnet with regards to the country’s freight and ports.
To ensure more private sector investment, policies need to change including those related to evictions and foreclosures - expert
Commenting on the progress made in the human settlements sector, the HDA said while the sector has made progressive strides, growth remains uneven, with significant challenges in urban areas due to rapid migration.
As South Africa's residential property market shows signs of recovery with house prices rising, experts warn that affordability challenges remain, particularly for first-time buyers. Discover how economic factors are influencing the housing landscape and what options are available to new entrants seeking homeownership.
First-time buyers are not only facing steeper home prices but banks have also been obliged to adopt a more conservative stance towards credit provision - however despite the expropriation act, ownership still safe.
Property expert Adrian Goslett argued that calculating your home’s potential to generate a profit will provide a clear picture of how well a property is performing.
In his SoNA 2025, President Cyril Ramaphosa said they will set up a transformation fund worth R20 billion a year over the next five years to fund black-owned and small business enterprises.