Dear Business Partner Please find attached, Property_barometer_March_2022 latest edition of the FNB Residential Property Barometer. In summary: Key themes • Market volumes may have peaked, but still running above pre-pandemic levels. The affordable market has shown the strongest relative recovery in activity following a more pronounced decline in 2020, due to the harsher impact of the pandemic on lower-income households. In middle priced segments, buying activity remains strong, but growth… Read More »
Dear Business Partner Please find attached, the FNB’s Property_barometer_January_2022 Summary: 4Q21 Please find attached, the FNB’s Residential Property Barometer for December. Summary: 4Q21 Market strength indicators show that growth in demand has moderated, but market volumes are still running above pre-pandemic levels. Deeds data, supported by internal applications volumes, shows that mortgage approvals in the first nine months of 2021 were approximately 34% higher compared to the same period in… Read More »
Dear Business Partner Please find the FNB Residential Property Barometer for February 2021. Key themes Recent data shows better-than-expected house price growth; further demonstrating the decoupling of economic fundamentals and housing market outcomes. Interest rate-induced demand remains strong, but momentum is slowing. Incidents of downscaling due to financial pressure continue swelling, although lower compared to GFC. Rental market pressures persist; vacancy rates are climbing and rental escalations slowing. Anecdotal… Read More »
Dear Business Partner Please find attached, FNB Residential Property Barometer for December 2020: Property_barometer_January_2021 Kind regards, The BondExcel team
Dear Business Partner Kindly find attached the FNB Residential Property Barometer for November 2020:Property_barometer_November_2020 Regards, The BondExcel team
Dear Business Partner Please find the July edition of the FNB’s Residential Property Barometer herewith attached: Property_barometer_August_2020 Regards, The BondExcel team
Dear Business Partner Please find attached FNB’s latest Property Insights note regarding the rate cut impact on property. Property_Insights_Rate_Cut_Impact Regards, The Bondexcel team
Dear Business Partner Please find attached results from the FNB Estate Agents Survey for 2Q20. Estate_agents_survey_2Q20 Regards, The Bondexcel team
Dear Business Partner Absa Homeowner Sentiment Index Q1-2020: 3% decline in sentiment The Absa Homeowner Sentiment Index (HSI) shows that confidence in the SA property market fell by 3% in Q1 2020 from Q4 2019. Respondents showed concern about the economic outlook, despite the interest rate cut of 0.25% in January 2020 and another 1.00% in March 2020. Declining to 73% confidence in Q1 2020, the overall result indicates… Read More »
Dear Business Partner Please find the May 2020 edition of FNB’s Property Barometer herewith attached. Property_barometer_May_2020 Regards, The BondExcel team
