Property Newsletter

Gauteng might be the province of gold, but the Western Cape is turning silver

February 2017

If you are planning on retiring to the Cape one day, you're definitely not alone. More and more of South African's over the age of 65 are snapping up luxury and super-luxury properties in the Western Cape. During 2016 more than 70% of property sales in some suburbs were made to people older than 65. That's a lot of silver surfers!


What value should I list for?

November 2016

One of the most important aspects of selling a property is to determine the listing price. Not only does it require a fair appraisal of a property’s market value, but also how long the property should be kept on the market to achieve its listing price.


One city comes out tops with the highest house price inflation growth

August 2016

After the subprime mortgage crises of 2007/2008, the South African property market took a good few years to recover and achieve an annual growth rate of 5%. There is, however, one metro that has seen significantly higher house price inflation over the years. In this newsletter, we reveal which city that is, and unpack possible reasons for its upward growth trend.


Where are South Africans migrating to locally?

July 2016

We often hear of friends or family who decide to trade in the fast-paced city life for a more tranquil one in the countryside or near the beach. And while some people make the move from one major city to another based on a lifestyle decision, there are others who opt to move from rural areas to major cities for better career opportunities.


What Salary is needed to afford properties and cars across SA?

May 2016

Do you know what salary you need to be earning to purchase a property in a particular area of South Africa? We thought it’d be interesting delving into our data to address that exact question. To add a little more to the mix, we also analysed the type of vehicles a person could typically afford in line with that salary.


Estate living on the rise

April 2016

The property market in general has seen some interesting trends over the past few months, which we have explored and shared with you in our monthly newsletter - this one is no different.


Commercial property stood strong in spite of rollercoaster 2015

March 2016

It’s no surprise that the South African economy experienced a few hiccups over the past year, which had a knock-on effect across multiple sectors. In light of that, we thought it’d be interesting to research how the commercial property sector fared in 2015 - and our results might surprise you.


Homeowners will loose real wealth for the first time since 2011

January 2016

In the absence of a significant positive economic turnaround with an investment friendly political climate we will see national house price inflation dropping below CPI, resulting in the loss of real wealth for the majority of homeowners this year. Lightstone’s forecast for 2016 is that nominal house price inflation will end at around 3.5% resulting in real deflation of home values as the Reserve Bank battles to keep CPI within the 6% upper band.


A little Monopoly holiday fun

December 2015

As the holidays fast approach, so does the panic of keeping the family entertained. Board games have long been a firm favourite of families when it comes to passing time during the holiday season. One of the most popular board games of all time is Monopoly, which originated in the United States in 1903


Unearthing buyer trends within the Super luxury property market

November 2015

If you’ve been following property media reports lately, you will have noticed that the spotlight has been put on the super luxury property market – which has experienced interesting growth over the past few years.


Properties further from the beach see greater growth

September 2015

Our latest research looks at the various price dynamics of properties in the coastal segment, with rather interesting results.


Women are buying more houses

August 2015

Our recent research into the local commercial property market revealed some interesting trends. We found that transaction activity in the South African commercial market appears to be on the up, despite the sluggish performance we’ve seen over a long period in local and global economies. Following this, we decided to also explore residential property trends, in particular the types and values of properties purchased by sole female buyers, and how these compare to that of their male counterparts and joint buyers.


Commercial property sector bucks sluggish economic trends

June 2015

Research into the local commercial property market reveals some interesting trends. What we find most interesting is the fact that transaction activity in the South African commercial market appears to be on the up, despite the sluggish performance we’ve seen over a long period of time in local and global economies.


Are South African Metros Expanding

May 2015

As the global village expands and populations increase, cities across the word are becoming increasingly densely populated. In 1950, less than 100 cities had more than one million inhabitants, and in recent years this figure has swollen to more than 500 cities. Nearly 50% of the global population live in urban areas, creating a continual need for an increase in living space amidst declining vacant land stock.


Looking for a bargain when speculation is low

April 2015

Residential property speculation seems to be at its lowest levels in more than a decade. During the previous housing boom, it was not uncommon to hear of speculators, renovators and investors buying properties, fixing them up and selling them for a profit. Lightstone’s latest analysis shows that while this behaviour was popular during that period, it has reduced significantly in the past five years.


Lightstone house price inflation forecast to end at around 5.8%

March 2015

In February 2014, Lightstone forecast that South African house price inflation will end at around 6.7%. Due to all of our major macro-economic assumptions holding true in 2014, the actual house price inflation experienced over the year was right on the money at 6.72%. In 2015, we expect this to decrease to 5.8%. In the event of more favourable economic conditions this figure can edge up to 7.3% while adverse conditions could see house price inflation closer to 3.5%.


Lightstone crime metrics measure impact of crime on property prices

February 2015

“Are you sure you want to buy there? There’s been a lot of crime in that area lately.” This is not something any potential home buyer wants to hear when house hunting, however, in a country with some of the highest crime rates in the world, this is a huge consideration in buyers’ decisions. While it is obvious that there are many reasons for not wanting to stay in an area that has been affected by crime, Lightstone set out to shed some light on the impact criminal activity has had on the wealth generating capability of property investors and home owners.


Navigating the Silly Season

December 2014

As we’re all starting to wind down and prepare for the end of year break, we also anticipate some tricky social interactions. Whether it’s ending an awkward silence at the office party, showing your know-it-all uncle at the dinner table that he still has a lot to learn or even just keeping the kids entertained on your way to your holiday destination, you’re always looking for some interesting information to get the conversation on its way. And seeing that data and analytics is the lifeblood and heartbeat of Lightstone, we felt it our duty to provide you with some (not so) useful titbits to help you socially navigate through this silly season


Motor or home investment and the three little pigs

November 2014

We all grew up with the story of the three little pigs teaching us that age old lesson of investing in quality brick and mortar. Not many versions of the story explore how life could’ve worked out for the pigs had the wolf not vandalised their property; or if there were other asset classes that could’ve grabbed the attention (and resources) of the pigs.


Gauteng still most popular for foreign ownership

September 2014

South African property continues to be an attractive investment option for foreign buyers. The latest Lightstone research and data of foreign buying and selling trends within the domestic property market proves that despite the dip the global market has taken in recent months, foreign confidence in South Africa is holding firm.


Township Trends in the South African market

July 2014

South Africa as a country has seen tremendous growth in the 20 years of democracy, which has had a profound impact on the property market. There have been many trends within the real estate space during this time, and as with any trends that emerge within an industry, there are bound to be implications. It is important for real estate agents and property professionals to bear these trends in mind, in order to better adapt their business models and to refine their approach.