Thank you to all of you who attended our August commercial property auctions, which took place throughout South Africa. We were again surprised at the high level of attendance at all our sales with huge numbers of registered bidders.
All our sales tracked strong demand from investors. Our commercial auction teams offered 112 lots in four [...]

“Lower interest rates and the easing of credit restrictions have spurred demand for entry level homes,” says Auction Alliance, Chief Executive, Rael Levitt. In the second quarter, the sector where most activity was recorded is sales under R750 000. This is where markets are most responsive to low interest rates and minimal transfer duties. New [...]