B2B Central

John Loos

19 Jun 2018

Building confidence drops to below 30 in Q2

By Janice Roberts

The FNB/BER Building Confidence Index lost 14 points to register a level of 29 in 2Q2018. This is the lowest since 2Q2012. The current level of the index indicates that the majority (more than 70 per cent) of respondents are dissatisfied with prevailing business conditions. The confidence of main building contractors fell marginally by 4...
14 Jun 2018

Residential market activity weakens after the early-2018 ‘Ramaphoria’ spike

By Janice Roberts

By John Loos, Household and Property Sector Strategist at FNB. ‘Ramaphoria’ has subsided and life goes ‘back to normal’ in a stagnant economy for the Residential Market, according to the 2nd quarter FNB Estate Agent Survey. Although disappointing, given the raft of poor economic news recently we were not too surprised to see our 2nd...
11 Apr 2018

Property: Unchanged estimated rate of emigration-related home selling

By Janice Roberts

The 1st Quarter 2018 FNB Estate Agent Survey pointed to a virtually unchanged estimated rate of emigration-related home selling, following a prior a multi-year rising trend which started back in 2014. This leaves the rate of emigration selling somewhat “elevated” says John Loos, Household and Property Sector Strategist at FNB. In the survey, agents were asked to...
07 Dec 2017

Building Confidence Index moves lower in Q4

By Janice Roberts

* The FNB/BER Building Confidence Index shed 4 points to register a level
of 31 in 4Q2017. * Four of the six sub-sectors reported lower confidence in the quarter, led by building material manufacturers.
09 Oct 2017

Investment property market shows weakening signs

By Janice Roberts

In the 3rd Quarter 2017 FNB Estate Agent Survey, the secondary home demand percentage was mildly lower than in the prior quarter, representing the second successive quarter of decline. In addition, there was a quarterly decline in the estimated percentage of investment (buy-to-let) home buying, a mild increase in the offloading of investment properties, and...
24 Jan 2017

FNB forecast is for the rate to remain unchanged through 2017

By Janice Roberts

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) today decided to leave its policy Repo Rate unchanged at 7%, where it has been since March 2016. This will leave Prime Lending Rates at 10.5%.
30 Oct 2015

How well do home values really hold up in tough economic times?

By Janice Roberts

In this article, John Loos, Property Sector Strategist, FNB Home Loans, discusses the view that property values are capable of by-and-large “holding up” in tougher economic times, with some even believing that home values “can only rise”. Such views were arguably behind the massive mortgage lending boom across much of the world in the last decade.