FIFTH CONSECUTIVE MONTH OF POSITIVE HOUSE PRICE GROWTH

April 2012: According to the latest statistics released by ooba – South Africa’s leading bond originator - property prices showed positive year-on-year growth of 1.6% in March, as well as positive month-on-month growth of 0.7%, making this the fifth consecutive month ooba has recorded an increase in residential property prices.

SIGNIFICANT INCREASE IN BOND APPLICATIONS AND APPROVAL RATES FOR LEADING ORIGINATOR

April 2012: ooba, South Africa’s leading bond originator, recorded significant growth in bond applications and approved home loans in March. 

GIVE YOUR CHILDREN A BOOST UP THE PROPERTY LADDER

April 2012: The South African property market currently favours buyers, with improved affordability and low interest rates providing potential home owners with the perfect opportunity to start climbing the real estate ladder, especially young adults looking to make their first purchase.

OOBA RECORDS STRONG HOUSE PRICE GROWTH IN JANUARY 2012

February 2012: According to the latest statistics released by ooba – South Africa’s leading bond originator - property prices showed positive year-on-year growth of 6.7% in January. This growth is the highest year-on-year price increase since July 2010, when a year-on-year price appreciation of 9.8% was recorded.

COSTLY PROPERTY-RELATED ERRORS AND HOW TO AVOID THEM

Janaury 2012 : Given that the average house price in South Africa is approximately R800 000 and that most people take out a hefty bond to finance their home, home owners would be well advised to prevent  additional property-related expenses by avoiding simple oversights.

POLL REVEALS THREE QUARTERS OF SA CONSUMERS UNAWARE OF THEIR CREDIT PROFILE

November 2011: According to a recent poll conducted by ooba, South Africa’s leading bond originator, three quarters of South African consumers are unaware of their credit profile. The poll revealed that 69% of respondents do not know their credit status.

RESIDENTIAL PROPERTY MARKET DATA REVEALS RACIAL TREND AMONG SA BUYERS

October 2011: The number of black home buyers entering the South African residential property market is increasing steadily as the socio-economic tables turn, with the number of black home loan applicants already exceeding white applicants. 

HOME BUYING TIPS TO TAKE ADVANTAGE OF FAVOURABLE PROPERTY MARKET CONDITIONS

September 2011: The current slowdown in South Africa’s residential property price growth provides potential home buyers with the ideal opportunity to get a foot on the property ladder. However, in order to take full advantage of this opportunity, consumers need to empower themselves with information to guide them on how to make the best possible investment decision.

RESIDENTIAL PROPERTY PRICES INCREASE MODERATELY IN AUGUST

September 2011: Residential property prices showed moderate positive growth during August, according to the latest results released by ooba – South Africa’s leading bond originator. 

GAUTENG'S IMPROVED TRANSPORT INCREASING VALUE OF RESIDENTIAL PROPERTY

August 2011: Gauteng’s improved transport infrastructure has already caused increased property market activity, as well as improved property prices in the residential housing market in areas such as Midrand, Centurion and Sandton.