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Real estate performs an important role in the economy of any country. The residential real estate gives housing for families, which is the biggest source of wealth as well as savings for many of them. Real estate income gives the source of revenue for millions. The Property Guide has been arrived while the essential developments in the property industry of SA is going on. One of the development is the introduction of the SA Real Estate Investment Trust (REIT) laws that was introduced this year. This laws will promote interest in the...

According to High St Auction Co's joint managing director Lance Chalwin-Milton, "The market was worth an estimated R6bn/year before the Auction Alliance fall-out early last year which is down to R1.5bn". The Alliance Group provides a diverse range of specialist asset services throughout Southern Africa, the Middle East and beyond. It seems that the South African auction industry is experiencing the after-effects of the Auction Alliance ghost-bidding scandal as the total value of property sales ended at auctions has decreased...