It seems there is some more bad news for sellers.Currently the average waiting period to sell a home is 5 months.This sounds like an extremely long time when you compare it to 2004 when the average waiting period was just over 1 month.This is all related to what has been happening in the last 2 [...]
I heard today that consumer spending is up again. This and the fact that the petrol price keeps rising makes me think that an interest rate hike is on the way.
This can be good or bad, depends which side of the property market you are sitting. If you are a buyer you will find property [...]
Yes that’s right, ESKOM might actually be good for property prices. How can I say that? Well, the fact that for the next 5 years there is probably not going to be any new developments happening will most definitely cause a shortage in property. That will cause property prices to rise.
