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Property News - 17 December 2015

FROM THE EDITOR

Welcome to the last edition of the Tivvit newsletter for 2015! We at Tivvit.com, would like to take this opportunity to wish all our readers a very Merry Christmas and a Happy 2016.

Despite a slight slowing of sales volumes across the market in total, growth in house prices continues to outstrip inflation, reflecting the continued strong demand for homes - to rent and to buy - which exceeds supply, especially in the major metropolitan areas of the country. Read more in Positive take-out for the housing market in 2016.

In This is how much the average house costs in South Africa we read that average price of homes transacted in November was R1.046 million, according to the most recent FNB House Price Index (Property Barometer). This is a marginal improvement from R1.044 million for a home in October, and the September average of R1.003 million.

Enjoy!
The editor

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Property of the Week

House for sale in Shandon, Nelspruit
House for sale in Shandon, Nelspruit

In the News this week


Positive take-out for the housing market in 2016

Positive take-out for the housing market in 2016
Following a year which was saw South Africa’s housing market rise to the challenge amid tough economic conditions, a number of positives stand out, says Dr Andrew Golding, chief executive of the Pam Golding Property group...
Positive take-out for the housing market in 2016

The US Fed hike and SA markets

The US Fed hike and SA markets
In anticipation of the US Federal Reserve bank hiking its benchmark Fed Funds interest rate, the first rate hike in the US in almost a decade, the South African Reserve Bank took proactive action by hiking the interest rate by 25 basis points at the last Monetary Policy Committee meeting...
The US Fed hike and SA markets

This is how much the average house costs in South Africa

This is how much the average house costs in South Africa
Research conducted by financial services firm, First National Bank (FNB) shows how much the average house costs to buy in South Africa in 2015.
This is how much the average house costs in South Africa

Keep your home sales ready and compliant with the current safety standards

Keep your home sales ready and compliant with the current safety standards
Selling one’s home is not the simplest of transactions, as it takes months to conclude from decision to transfer...
Keep your home sales ready and compliant with the current safety standards

Can Feng Shui help you sell your home?

Can Feng Shui help you sell your home?
The ancient Chinese art of Feng Shui – a hugely popular home design and décor trend in Western culture during the nineties – seems to be gaining ground in the design world once again.
Can Feng Shui help you sell your home?

Good reason to buy a holiday home

Good reason to buy a holiday home
In peak holiday season, when vacationers are heading out for what is often their main, annual break, thoughts may logically turn to the pros and cons of acquiring a leisure property where family and friends can unwind and spend quality time - in a great location...
Good reason to buy a holiday home

Rights of tenants when property is being sold

Rights of tenants when property is being sold
Tenants, whose property owner has put their rental property on the market, have certain rights but should consider the current contract before cancelling any lease...
Rights of tenants when property is being sold
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Focus On

Focus on Nelspruit, Mpumalanga

Focus on Nelspruit, Mpumalanga
Inbound migrations fuel huge demand for rental accommodation in Nelspruit and White River

An influx of people migrating from surrounding areas into the burgeoning hub of Nelspruit and White River in Mpumalanga has created a considerable shortfall in homes available to rent and is further boosting the demand for homes to buy...
Focus on Nelspruit, Mpumalanga

>> View properties in Nelspruit


In the Area

Buyers and investors take another look at Carletonville

Buyers and investors take another look at Carletonville
The recent opening of the R330 million Carletonville Mall on the West Rand has re-ignited interest in the residential property market in Carletonville itself, which has, like many mining towns, gone through some challenging times over the past few years...
Buyers and investors take another look at Carletonville

Sales soaring in Pretoria East estates

Sales soaring in Pretoria East estates
Prices for high-end homes in the Silver Lakes Golf Estate to the east of Pretoria have climbed steeply in recent months in response to a growing shortage of stock, says Anne-Marie Scholtz, owner of top local agency RealNet Elegance...
Sales soaring in Pretoria East estates
CyberAgent, the real estate software solution

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If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.tivvit.com or email: sales@tivvit.com

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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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