Rode-Reim Real Estate Conference
South Africa - Rode
The future of real estate is here ...
A line-up of top speakers will feature at the Rode-REIM Real Estate Conference, a highlight on the calendar of the South African property industry, jointly organised by renowned property economist Erwin Rode of Rode & Associates and Neale Petersen, Founder and editor of Real Estate Investor Magazine. The conference will take place in Cape Town on 11 September and in Johannesburg on 13 September. The central theme of these events will be the future of property and the many opportunities and uncertainties facing the local and international economy and property market.
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SA houses valued at R5.3 trillion
South Africa - Property360
Western Cape homes, although only 17.7% of total, are worth R1.44 trillion
Gauteng, the country’s smallest province, accommodates most of South Africa’s homes while the geographically biggest province – the Northern Cape – is home to the fewest. This big divide amongst the provinces, particularly relating to value and volume, is according to an analysis of residential property throughout the country by Lightstone.
The collation of property statistics also revealed that there are 6.6 million homes in South Africa with a total value of R5.3?trillion.
Gauteng, the smallest province, has 34% of the total homes, equating to approximately 2.25 million houses. The Northern Cape, the country’s largest province, has only 178?200 homes, or 2.7% of the total.
Embracing Proptech is the future according to conveyancers
UK - TodaysConveyancer
According to Property Week’s recent survey, conveyancers are excited by the increased use of proptech in the property industry.
The report found that 61% of respondents believed that technology will only have a more positive effect on the home buying process and company revenue over the next five years; this statistic has risen from the 48% taken from the 2017 survey.
When asked if respondents thought their business was willing to embrace and adopt new technologies, the 2018 survey found a percentage increase of 12%, rising to 68%, compared with 56% in 2017.