Residential Property Market

Nairobi’s luxury home prices soften further

Prime residential prices in Nairobi slide by 6.5% in the 12 months to March 2019, according to the Knight Frank Prime Global Cities Index (PGCI) for the first quarter. ... Full story

A snapshot of the property market in Zimbabwe

Even though the Zimbabwe property market faces many challenges, it has always been characterized by a high demand and a corresponding low supply – ensuring that the market has always been very active. ... Full story

Budget 2019: No quick fix for South Africa, but there’s some hope

In what was arguably one of the most closely watched National Budget speeches in recent years, Finance Minister Tito Mboweni outlined Government’s plan to boost growth, increase tax collection and reduce debt, with strong attention paid to Eskom and SOEs. ... Full story

Kenya invites private land owners for affordable housing program

Kenya will partner private landowners to implement a development blueprint on affordable housing, Charles Mwaura, Principal Secretary of the State Department for Housing and Urban Development, said on Friday. ... Full story

Bank lending remains positive despite 2018’s sluggish property market

2018 was a challenging year for the South African property market, with negative real price growth in the residential property market and slowing market activity. ... Full story

Gauteng remains South Africa’s largest housing market

Gauteng remains South Africa’s largest housing market, with just over a third of the nation’s total housing stock. ... Full story

How to ensure buyers notice your property right away

South Africa — The latest FNB and ABSA property data shows that properties are staying on the market for longer and an increasing number of sellers having to cut their asking price. ... Full story

Tips for Purchasing Real Estate in 2019 — South Africa

This year holds the potential to be an interesting one for South Africa. Shortly recovered from a recession and with lower fuel prices, SA seem to be starting the year better off than on what we ended it. ... Full story

African real estate market still standing after tough 2016

African real estate has had a tough year navigating diffcult economic conditions. Most investors on the continent remain private equity groups as opposed to long term investors or Real Estate Investment Trust ( Reit) investors. ... Full story

Rwanda’s Property market indicates a bubble is about to burst

KIGALI — Real estate developers have been pouring money into new investments at a frantic pace in Rwanda's property market, fueling concerns that a bubble may be unavoidable. ... Full story

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