Property News - November 2009
Welcome to our property investment newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends.
This month, we have managed to find you 3 fantastic industrial property investments, fully tenanted warehouses in Durban’s popular and centrally located Briardene business node. For further information please see below featured property or contact Bradley Hancock on 072 019 6192 or [email protected]
Widespread consternation in the residential rental property market has been sparked by a September 2008 judgment of the Supreme Court of Appeal, Picardi Hotels Ltd v Thekweni Properties.
SA must be one of the few countries in the world taking stock of itself like this. The stock take may be uncomfortable, but it enables us to be better informed on what we achieve and what we have not. We can now look beyond the screaming headlines of the day to the more important underlying trends in our society. That is the value add of the Indicators - they enable us to measure progress or regression in a systematic and holistic way.
House prices will end 2009 2% higher than at the start of the year, with the recovery being led from London and southern England. The mainstream UK market is likely to see modest price falls in 2010, before a limited rise in 2011 and a more concerted recovery in 2012.
Levels of activity in the residential building sector remained depressed up to August 2009. Both the planning and construction phases in respect of new housing continued to suffer in the first eight months of the year, driven by economic conditions, which negatively affected the supply of and demand for new housing.
Buying a home is not only an exciting but also, often, a frightening experience. Besides living with your decision you will have to live in the home that you have bought. It is best for you not to make any costly mistakes. Before you start looking for your dream’ home you need to organise yourself by considering a few basic questions ...