Market News

The Future of AI in Real Estate: Current Applications and Disruptive Potential

Artificial Intelligence (AI) is making waves across numerous industries, and the real estate sector is no exception. From automating routine tasks to offering deep insights into market trends, AI is transforming how properties are marketed, managed, and sold. The potential of AI in real estate is massive, with far-reaching implications for buyers, sellers, and investors alike. Current Uses of AI in...

South Africa’s Government of National Unity: Impacts on the Real Estate Market

The formation of a Government of National Unity (GNU) in South Africa represents a pivotal moment in the nation's political landscape. This coalition, formed after the African National Congress (ANC) failed to secure a majority, involves collaboration with the pro-business Democratic Alliance (DA) and the Inkatha Freedom Party (IFP). This significant shift brings both opportunities and challenges,...

Anticipation Builds for South Africa’s Property Turnaround

The residential property market in South Africa has been facing challenges but shows signs of a gradual turnaround. In the first quarter of 2024, the oobarometer indicates that the extended period of high interest rates has affected the volume of home loan applications processed by ooba Home Loans. Rhys Dyer, CEO of the ooba Group, remains optimistic, stating, “Resilient South Africans are likely...

Compare listings

Compare