Buyer activity is back, and Gauteng is loving it
The latest BetterBond Property Brief reveals that home loan applications rose by 9.3% year-on-year and 7.7% quarter-on-quarter in Q1 2025, showing a clear rebound in buyer activity.
The latest BetterBond Property Brief reveals that home loan applications rose by 9.3% year-on-year and 7.7% quarter-on-quarter in Q1 2025, showing a clear rebound in buyer activity.
Our residential property market has turned a corner – an analysis by BetterBond reveals an improvement in nearly all key indicators of housing market activity.
It’s no longer just coastal areas that see buyers, there is a growing interest in inland regions where younger buyers can afford to invest in property.
Improvements in the repo rate tend to take some time to reflect in the property market. According to the February BetterBond Property Brief, homebuying activity is on the up!
Buying a home is a substantial long-term financial commitment for homebuyers. Encouraging them to work with a bond originator will save them money and streamline the process so they have a better chance of securing the best bond deal.
When your buyer finds the perfect home, they want everything to go quickly and smoothly – but, as you know, having a ‘subject to sale’ condition in the offer to purchase can delay their new start.
Read the repo round-up here with expert advice about what to expect after the second consecutive rate cut – our experts look at regions set to grow, what’s happening in the mortgage market, and what we can look forward to in 2025.
The latest BetterBond Property Brief is full of good news, except for deposits. Compared to Q4 of 2023, it shows that home loan applications jumped by 30%, while the quarter-on-quarter increase was also impressive at 18%.
BettterBond highlights six ways life will change for homeowners due to the drop in the repo rate.
Property trends in 2024 include a surge in demand for urban properties, renewed buy-to-let activity, house price inflation in popular provinces and more.