Investments / Property

RE/MAX National Housing Report Q2 2019

Investing in property? Tread carefully, warn experts

The performance of the property sector in the previous 18 months has been less than desirable. The FTSE/JSE SA listed property index fell by a whopping 28% late last year since peaking in April 2016. According to experts, while there are pockets of opportunity currently, investors should proceed with caution.

Where to find the wealthiest suburbs in SA

Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. If you are a buyer who is looking to make a multi-million rand investment in South African real estate, it is therefore advisable to narrow your search to the most popular suburbs for multimillionaires to increase your chances of closing a sale when you ultimately decide to sell.

Why now truly is the time to buy

It is always a good time to purchase property; at least, that’s what everyone in the real estate business will tell you. Considering that local property is still the top performing asset class according to STANLIB’s latest monthly asset class report, the advice is far from incorrect. However, it does make it tricky for investors to know when the best time is to invest in real estate.