State of the Property Market

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Office rentals disappoint again
• Industrial rentals shine
• Flat rentals surprises on the upside
• Continued declines in non-residential building activity

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Office rentals waiting for Godot
• Flat rentals in Cape Town hit affordability ceiling
• Nationally, still-modest house-price growth
• Listed property prices amazingly steady

The following are significant findings or conclusions made in this issue of Rode’s Report:
• No vigour in the office rental market
• Contractions in spending on durables do not augur well for the manufacturing sector – a support pillar of the industrial property market
• The key drivers of the mortgage and house markets continue to be lifeless

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Cape Town office rentals showing the strongest growth
• Subdued business sentiment keeps industrial rentals at bay
• Modest growth in flat rentals

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Office rental growth takes a breather as drivers underperform
• Industrial rentals unable to outperform inflation
• Flat rentals are showing better growth than house prices
• House prices tank in Durban but excel in Cape Town

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Office rental performance not too shabby, thanks to a services sector that hasn’t collapsed
• Signs of continued weakness in manufacturing, a bad omen for rentals
• Nominal values of new residential mortgages granted, are contracting
• Flat-rental growth not too bad, but prospects remain daunting

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Johannesburg decentralized office rentals are resilient
• Manufacturing recovers, but still not out of the woods
• Smaller houses showing the strongest growth in prices
• Flat rentals struggle owing to declining affordability

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Vitality in some Johannesburg suburban offices nodes
• Slump in spending on durables does not augur well for manufacturing sector
• Drivers of house prices showing no vigour
• Johannesburg and Cape Town producing inflation-beating flat rental growth

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Tighter credit standards will further dampen the outlook for the housing market
• Low business sentiment undermining prospects for industrial-rental growth
• Cape Town office rentals playing catch up
• Cape Town flat rentals beating inflation handsomely

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Modest growth in office rentals continues
• Manufacturing output grows, but sector still far from being out of the woods
• More heavy blows expected on the housing market front

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Claremont having a good run
• The business cycle indicator’s loss of momentum does not bode well for industrial property
• Residential landlords find some relief, and Cape Town flat rentals are booming in the wake of apparent large-scale semi-gration

The following are significant findings or conclusions made in this issue of Rode’s Report:
• Office rentals feeling the pinch
• Industrial property’s support pillars remain fragile
• Growth in house prices slowly losing its momentum