Property market responds to unchanged repo rate
The already strained property market got no relief when the Reserve Bank decided to maintain the repo rate. What does this mean in real terms?
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The already strained property market got no relief when the Reserve Bank decided to maintain the repo rate. What does this mean in real terms?
Home buying activity levels have slowed in the current high-interest rate environment, but several key indicators point to a residential property market poised for a gradual recovery.
Between SONA and the Budget Speech, the general sentiment among South Africa’s real estate agents appears largely unimpressed, with a side-helping of disappointment. We delve into what Budget 2024 means for the property market.
What does the stable repo rate mean for the property market? Industry leaders share the state of the property market, the implications for first-time buyers, look at how this impacts new mortgages, and which areas are still growing despite the economic pressures.
The Reserve Bank’s MPC elected to leave the repo rate unchanged at 8.25%; what are the implications for the property market? Industry leaders weigh in.
Co-buying often occurs between couples; it’s also become popular among friends, business partners and relatives. Rhys Dyer, CEO of Ooba Home Loans, looks into this trend and advises how it can best be done.
All indicators seem to be pointing towards greater stability. If this is the case, we should hopefully be heading into a period where inflation and interest rates will remain steady – a move that’s already boosting a flagging property market.
For the first time in eleven cycles the MPC opted to keep the repo rate stable at 8.25%. What does this mean for the industry?
Despite persistent difficulties with service delivery and serious water shortages the Eastern Cape now prevails as the top contender, in terms of property price growth, among the major regions in South Africa’s residential property market.
Despite the rising interest rates and rolling Eskom blackouts in a post-Covid 19 environment, the real estate industry has seen a busy 2022. What is next?