Is the Western Cape property price inflation about to go through the floor? And why has it diverged so far from the national average?
Showing posts with label cape town. Show all posts
Showing posts with label cape town. Show all posts
03 May 2012
What The Hell?
From the latest Lightstone quarterly property report:
Is the Western Cape property price inflation about to go through the floor? And why has it diverged so far from the national average?
Is the Western Cape property price inflation about to go through the floor? And why has it diverged so far from the national average?
29 January 2012
22 January 2012
15 January 2012
09 January 2012
08 January 2012
01 January 2012
25 December 2011
Christmas Sunday Open Thread
I'm somewhere in the Garden Route dodging for sale signs on golf estates, but it's still time for the open thread - Christmas edition!
18 December 2011
27 November 2011
24 November 2011
The Orangerie: The Bloodbath Continues
This ad is a new listing for a 2 bed apartment in The Orangerie.
The asking price? Now down to R2 500 000.
22 November 2011
Rare Sale In Execution In Sea Point Spotted
Sea Point Reader-in-Chief PJ writes:
Spotted a rare notice of a Sale In Execution on an apartment in Sea Point in a block called Oakholm. Usually the process never gets that far because a buyer usually steps in beforehand. Not this time...
20 November 2011
17 November 2011
Well This Is A First
Just received a spam SMS from Burgundy Estates.
Guess no one is walking into the sales office anymore...
Guess no one is walking into the sales office anymore...
08 November 2011
ABSA: House Prices Growth Lagging Behind Inflation
Houses hurting as inflation outpaces property prices
House prices are not growing in line with inflation, according to Absa's latest property price indices released on Monday.
"The average real price [at constant 2008 prices] of houses in the middle-segment of the market was in September this year about 13% below its peak of mid-2007," Absa Home Loans property analyst Jacques du Toit said in a statement.
"This was the result of average nominal house price growth being below the average headline consumer price inflation rate during this period."
In nominal growth, the effects of inflation are not taken into account, while real prices factor in the effect of inflation.
03 November 2011
Your Architecture Is Sad: Sea Point
There's bad architecture... and then there's sad architecture. This 3 bed house in Sea Point sent in by reader PJ is a prime example of that. PJ writes:
Sea Point is home to a fantastic mixture of architecture. But look at this POS. It's two concrete boxes stacked on top of each other. They'll call it "modern", I call it cheap.
26 October 2011
Lew Geffen Atlantic Seaboard Dust Up
Trust me being out the country when some truly juicy stuff starts going down. It seems Lew Geffen is getting into some dirty dealings with his Atlantic Seaboard franchisees. Reader KS sent me a link to a blog covering all the news: Lew Geffen Sothebys Scandals.
11 October 2011
Epic 4 Week Open Thread
Been shipped off to the UK for 2 weeks followed by another 2 weeks holiday touring around Europa. See you in a bit.
02 October 2011
25 September 2011
Mandela Rhodes Place Liquidated
When we first wrote about Mandela Rhodes Pace back in February 2007, it was literally underwater.
Then in July 2011 we heard that even though it had been completed years earlier it was still releasing unsold apartments onto the market.
And now, it's being liquidated with supposedly 62(!) unsold apartments hitting the market. If you bought into MRP and are trying to sell... my condolences.
Then in July 2011 we heard that even though it had been completed years earlier it was still releasing unsold apartments onto the market.
And now, it's being liquidated with supposedly 62(!) unsold apartments hitting the market. If you bought into MRP and are trying to sell... my condolences.
Subscribe to:
Posts (Atom)