Real Estate News

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  The benefits of building green homes

  Arguably the single most important feature regarding green architecture is the design of a living space that encourages as much outdoor living as possible. A low-maintenance, high visual-impact garden can be achieved in just…more

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  Home affordability constraints in SA

  Although home affordability deteriorated slightly early this year – it is still far better than four years ago, according to the FNB Property Barometer. Whereas the average house price/average remuneration ratio has dropped -24.4…more

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  Moderate growth in house prices

  There was a moderate growth in house prices for the month of September 2012, according to the latest statistics from bond originator, ooba. The average house price for September was R876 717, up 4.5% year-on-year…more

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  Banks hike home loan deposits

  The average home price rose at an annualised rate of 6.15% in September to R886 000, but the average percentage of purchase price required as a deposit in order to obtain a home loan also…more

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  Why homeowners sell and where they go

  A high percentage of homeowners in Port Elizabeth are reportedly selling their properties due to financial pressure, according to a report by FNB. Port Elizabeth recorded a high of 23.3 percent of sellers downscaling due to…more

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  Tolls changing home buying patterns

  The proposed Gauteng Freeway Improvement Project tolls will have significant impact on where buyers will choose to purchase property in future, according to a survey conducted by ooba, South Africa’s leading bond originator. Kevin Mountjoy, national…more