More South African properties are standing vacant – but that could change in the coming months
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More South African properties are standing vacant – but that could change in the coming months

BySusan Magner

The South African Tenant Profile Network annual report published at the end of 2020 showed that vacancies in South Africa’s residential property market were more than double those recorded at the start of that year.The figure rose from 5% to 11% – but is slowly showing first signs of improvement.Particularly hard hit were the two…

Coronavirus in SA – the expected impact on property sales

Coronavirus in SA – the expected impact on property sales

BySusan Magner

The arrival of the Corona virus COVID-19 to South Africa’s shores, as confirmed cases escalate, will only add to SA’s stalled economy, say experts. The economy shrank by 1.4% in the fourth quarter of 2019 – as consumers remain under pressure. This with an interest rate cut in January, with the possibility of a further rate cut in…