News

There is nothing stagnant about the property industry and Private Property will keep you in the loop through its dedicated Property News portal. Important elements such as whether it’s a buyers’ or sellers’ market, industry trends, and property news specific to South Africa are covered in this section.

Market Industry Private Property South Africa
Proposed tariffs increase to impact municipal consumers
News

Proposed tariffs increase to impact municipal consumers

The cost of power is likely to increase soon as municipalities have proposed an additional tariff hike of an average of 7.4% from 1 July.

KZN floods - The impact on properties
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KZN floods - The impact on properties

KZN floods have wreaked havoc on the property industry. What is the impact on rental properties and those in the process of being purchased?

Property Investment Seminar Western Cape 2022
News

Property Investment Seminar Western Cape 2022

Private Property, in partnership with Prosperity Enterprises, is set to host the Property Investment Seminar 2022 in Cape Town.

Residential rental vacancy rate declines as confidence improves
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Residential rental vacancy rate declines as confidence improves

Statistics are pointing to a decline in residential rental vacancy rate? What are the factors behind this?

Momentum in property market as online sales make life easier for buyers and sellers
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Momentum in property market as online sales make life easier for buyers and sellers

A change in mindset in recent years has seen property sales via online auction enter a new era...

New Airbnb data reveals the best time to share your home
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New Airbnb data reveals the best time to share your home

Since 2010, Airbnb Hosts have earned $150 billion globally, with hosts in South Africa earning almost R12 billion. New data highlights the most lucrative time to open your home in South Africa.

Prime lending rate increased to 7.75%
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Prime lending rate increased to 7.75%

A combined interest rate increase of 1% for the year to date is unlikely to have too negative an effect on the South African property market, say property professionals.

Property industry braces for more interest rate increases
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Property industry braces for more interest rate increases

For the second time in a row this year, the South African Reserve Bank increased the repo rate by 25 basis points, bringing the prime lending rate to 7.75%.

eXp World Holdings reports record full-year 2021 revenue of $3.8 Billion
News

eXp World Holdings reports record full-year 2021 revenue of $3.8 Billion

eXp World Holdings (NASDAQ : EXPI) has recorded an increase in revenue. How much revenue has been recorded and what are the factors behind this?

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