Hit by the holiday effect
First quarter review 2018



Dear Estate Agent,

The first quarter of 2018 was quite the eventful one! We have a new South African president, a higher VAT rate and a lower interest rate – just for starters. And as the Index points out, we’re sure to see the combined effects on the economy and industry soon.

We also cover PayProp’s own busy start to the year – in February, we took the PayProp Academy to four cities across the country to raise awareness about the many uses of technology in real estate, and how you can use it to improve your business processes and marketing. If you attended, let us know how you’re applying the knowledge – and if not, we hope to see you next year.



And so we come to the most exciting feature of this Index. For the first time ever, we slice and dice arrears data, nationally and provincially, and the result may not be what you expected. Still, there’s great value in taking note of it. As they say, knowledge is power!

I hope you enjoy our latest Index. As always, please feel free to let us know your thoughts.