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Market news

Published stories attached to the Market news category.

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Page 26 of 49

News

Consumer-durable loans overtake property credit at Kenyan banks

Bank lending for cars, appliances and electronics has passed Sh500 billion and moved ahead of real estate credit for the first time, CBK data shows, as lenders turn more cautious on property.

Article

Lagos land reclamation will not fix housing affordability on its own, experts warn

Experts say reclaiming land can create new space for Lagos to build on, but without proper engineering, infrastructure and planning it will not make housing cheaper or better serviced.

Article

What two average South African salaries can buy: a R1.5m home loan, and little room to spare

Two South Africans on the average take-home pay could qualify for a bond of about R1.5 million, just under what first-time buyers typically pay, but servicing it would consume more than a third of their combined household income, a new analysis shows.

Article

Hattingspruit: the KwaZulu-Natal town where homes start at under R500,000

The small coal-mining town of Hattingspruit in KwaZulu-Natal offers homes from under R500,000 in a town where crime has fallen steadily for a decade, but only a handful of sales are registered each year.

Article

Cheap land alone won't make Lagos and Abuja homes affordable, developer says

A Nigerian developer argues that cheap land on the outskirts of Lagos and Abuja cannot deliver affordable housing on its own, because developers still absorb infrastructure, construction and financing costs.

Article

Cityscape Egypt 2026 cancellation points to a more selective property market

Organisers have called off the 2026 edition in its traditional format after weak developer participation, as Egyptian developers redirect marketing budgets towards project delivery and weigh returns on exhibition spending more closely.

Article

Homes sell for R2.6 million in South Africa's most dangerous police precinct

Cape Town Central tops SAPS's first-quarter crime statistics with a 43.46% crime rate, yet property in the precinct sells above the national average, with prices softening only in the suburbs perceived as high-crime hotspots.

News

Egypt's real estate market is returning to normal, TMG's Hisham Talaat Moustafa says

TMG Holding chief executive Hisham Talaat Moustafa says Egypt's property market is normalising after the inflation-driven surge of 2023-2024, pointing to a 99.6% collection rate while acknowledging stress among smaller developers.

Article

Nine Cape Town suburbs see property prices fall even as the city's boom runs on

Average sale prices are trending down in nine Cape Town suburbs even as the wider city market keeps rising, with sectional-title sales dragging prices lower in areas such as Gardens, Mowbray and Wynberg.