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Property News
| Western Cape lures
home buyers |
August
2010 |
Gauteng may be
where the money is, but Cape Town is the preferred
choice for home buyers, First National Bank's
home loans department reported on Tuesday.
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| Residential
future looking good |
August 2010 |
| Indicators continue
to point to a positive outlook for the local
residential property market, according to
the latest results released on Wednesday by
ooba, South Africa's leading bond originator.
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| Strong
foreign interest in SA property |
August 2010 |
| Despite the precariousness
of the world’s economy, there is still
a lot of foreign interest in South African
property, with investors from the United Kingdom,
Germany, Australia and even the USA eyeing
property here. |
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Banks declare
fall in repossessed houses
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July 2010 |
| Johannesburg -
The number of houses that banks have had to
repossess owing to mortgage defaults has declined,
but there seems to be no pattern regarding
price categories of most of the repossessed
houses, South Africa's largest banks say.
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