Building confidence at a four-year high in 1Q2022

Good news for estate agents is that the sentiment in the building sector, as measured by the FNB/BER Building Confidence Index, rose to 40, from 34 in 4Q2021. This marks the highest confidence since early 2018. However, the “core” building sector index (excluding hardware retailers and building material manufacturers) was at 31, from 27 in 4Q2022.

Minimum requirements to buy a home in SA

Property Practioners are not only in the selling business but are also required to act as advisors to potential buyers.

Seeing that owning an own home is probably the biggest capital outlay most people will make, practitioners must be fully aware of everything that is required for a buyer to purchase property

Social media in real estate – a new industry is born

Property Practitioners not only have a whole new set of laws and regulations to master with the new Property Practitioners Act, but in their marketing drives also need to get on top of their game when it comes to advertising and especially online marketing

Tax ceiling proposed for SA

SPEAKERS CORNER: The South African Institute of Chartered Accountants (SAICA) says South Africa should revisit the possibility of lowering its tax-to-GDP ratio and introducing a tax ceiling.

In a presentation to parliament recently, the group said the tax-to-GDP ratio is used as a measure of how well the government controls a country’s economic resources and is a good gauge of a nation’s tax revenue relative to the size of its economy.