Real Estate Investor Magazine South Africa April 2015 | Page 40

STATS Buy-to-let buying will remain stable Proportion of buy-to-let buyers remains unchanged BY MEGAN DIENER Buy-to let property purchases are estimated to have remained unchanged from the previous quarter at 9%, the third successive quarter of this estimated percentage. Estate agents continue to expect stronger buy-to-let buying in the near future. This is the third successive quarter of increase in this index. The rental market remains a comfortable place for a landlord. An unchanged 86% of tenants in 2014 were in ‘good standing’ with regards to their rental payments. The rental market is showing moderate inflation with 5.05% year-on-year. RESOURCES First National Bank (FNB) Property Barometer, Tenant Profile Network (TPN), Statistics South Africa (Stats SA) 38 April 2015 SA Real Estate Investor www.reimag.co.za