The latest rate cut (and possible last cut for 2025) will boost the property market
What does last week’s rate cut mean for the property market, and can we expect further cuts? Industry leaders weigh in.
What does last week’s rate cut mean for the property market, and can we expect further cuts? Industry leaders weigh in.
First-time home buyers (FTB) are choosing ‘smarter’ homes over ‘spacious’ properties – typically one- or two-bedroom properties up to 116m². We’ve asked local experts to weigh in on this trend and what it means for property development in the next decade.
We chat to Brandon Janki, Nedbank head of sales for Gauteng about property, strategy and agent tips.
The growing momentum of a global homeownership trend dubbed ‘houses before spouses’ has seen more young homebuyers purchase a home before getting married or buying jointly with a spouse or partner.
Nedbank’s head of home ownership, JP Viljoen, shares what the unchanged repo rate means for the property market.
We’re condensing the results of recently released key reports, the Q4 2024 Rode Report (or #RR24q4) and the PayProp Rental Index Q4 2024, for your convenience. The key takeout from both? Things are looking up (perhaps not as much as hoped for, but up nonetheless).
After three consecutive rate cuts, the Reserve Bank’s Monetary Policy Committee decided to maintain the repo rate at 7.5% last week. What does this bode for residential real estate? It’s not as bad as you might think.
The March BetterBond Property Brief reveals that the average deposit required for home purchases declined by 6.8% year-on-year, making homeownership more accessible.
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!
MAIN IMAGE: JP Viljoen, head of home ownership at Nedbank South African homeowners and prospective buyers have been navigating a turbulent financial landscape over the