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Rising repo rate | What does this mean for the rental market?

Rising repo rate | What does this mean for the rental market?

The repo rate, which directly impacts interest rates, affects many aspects of an economy, such as the exchange rate and money supply. As such, it can be used to manipulate spending to reach certain economic goals. For example, when spending and hence economic activity is low, the Reserve Bank may lower the interest rate to […]

Holiday rentals to boom this summer and ‘Cape Town will be a hot spot’

Holiday rentals to boom this summer and ‘Cape Town will be a hot spot’

Although holidaymakers tend to leave bookings a bit late, there is no shortage of eagerness to get away for a holiday. Many are looking to book a secure spot that allows them to get out of the house to a convenient coastal spot that does not leave them at risk if there is another pandemic […]

SA’s wealthy gravitating towards these ‘fastest growing towns’

SA’s wealthy gravitating towards these ‘fastest growing towns’

A new report measuring the private wealth of South Africans, and the continent as a whole, has underscored Durban’s North Coast and the Cape’s Winelands as a prime location for High Net Worth Individuals (HNWIs). While Johannesburg and Cape Town are brimming with South Africa’s super rich, the latest Africa Wealth Report compiled by wealth intelligence firm New World Wealth and AfrAsia Bank shows the number of […]

Property investment of almost R14 billion underpins the Cape Town cbd’s resilience

Property investment of almost R14 billion underpins the Cape Town cbd’s resilience

The Central City “held its own quite remarkably” in the year under review,  says CCID Board chairperson Rob Kane. The SCCR report shows that, according to the City of Cape Town’s 2018/2019 property evaluation, the value of Central City property stands at R44.124 billion, and that the total value of property investments in the Central […]