Kaya 959 Kaya Biz

TPN report: Residential rental vacancies at historic lows

Loading player...
GUEST – Waldo Marcus, Industry Principal at TPN Credit Bureau

Residential rental vacancies are at their lowest level since 2016 as demand for rental property outstrips supply amidst declining home ownership, according to TPN Credit Bureau’s latest Vacancy Survey Report for the first quarter of 2024. A greater number of households are renting as high interest rates continue to make ownership unattainable for many people, says Waldo Marcus, Industry Principal at TPN Credit Bureau, an MRI Software company. He expects that the trend towards renting as opposed to homeownership will remain in place while interest rates remain high.
24 Jun 2024 2PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min
All episodes