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Gauteng & Western Cape July auctions In Rosebank, Johannesburg on 24 July properties valued at R190m will go under the hammer, with the Cape Town auction in Newlands on 25 July.Average ER price still under R1mThe East Rand property market is poised for take off, with awareness growing of the appeal of Gautengs most "user-friendly" area. By Eugene BrinkRenting to Owning: Tips for first-time homebuyersThe recent interest rate cuts have brought down the cost of home loans making homeownership a little more accessible for first-time home buyers. Given that prices have remained fairly flat over the last two years, now might just be a great time to take the leap to homeownership.