How new proptech is empowering estate agents

Due to lockdown and limited in person engagement the real estate industry has had to fast track the adoption of virtual and video tours, with some agencies already on the band waggon and others having made no progress in this space. Antonie Goosen, principal and...

Airbnb launches Wi-Fi speed feature for hosts

Airbnb has launched a new Wi-Fi speed testing feature. The company has introduced an update which means anyone who lists their property can share their internet speeds by running some quick tests which will let customers compare the results while searching for a...

How not to overpay for your dream home

Low interest rates have led to a huge surge in first-time homebuying over the past year – and growing shortage of properties for sale in the sub-R1m price category, says Gerhard Kotzé, MD of the RealNet estate agency group. “Deeds Office records show that more than...

Demand for property rebounds to pre-Covid levels

The demand for property has rebounded to impressive pre-pandemic levels, helped in part by lower interest rate levels, First National Bank (FNB) said in its latest property barometer. Price growth slowed for the first time in almost a year following 11 months of...

Property sector welcomes year-long low rates

Property groups yesterday welcomed the widely expected decision of the South African Reserve Bank to hold the repo rate steady at 3.5 percent, saying it now marked a full year that South Africans have been able to make the most of a historic low lending environment...
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