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Interest rate hike in July 2015 follows the pattern of 2014.

First National Bank (FNB) will increase its prime lending rate by 0.25% from 9.25% to 9.50% following the decision earlier by the SARB Monetary Policy Committee

Slow growth rate will limit property boom

Although it has become traditional for the leaders in the residential development and marketing sector to comment on South Africa's budgets

GDP increase by 1,4% in the 3rd quarter 2014.

The seasonally adjusted real GDP at market prices for the third quarter of 2014 increased by an annualised rate of 1,4%

A quick and massive decline in construction.

The total amount of all buildings completed in South Africa for the three months to June is the lowest since the first quarter of 2005.

What the latest Rode's Report on the SA Property market has to say

At the end of last year, house prices in Cape Town and Bloemfontein were accelerating, while the exact opposite was happening in Port Elizabeth

FNB/BER building confidence index gains four points to 45 in Q3

The FNB/BER building confidence index gains four points to 45 in the third quarter, indicating the sector is starting to turn itself around.

Building costs continue to soar.

Building cost have continued to increase by more than the average consumer price inflation rate over the past 15 years

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