Rental escalations ease, says latest TPN Residential Rental Monitor report
According to the latest TPN Residential Rental Monitor, most residential tenants (83%) remained in good standing in Q2 2024 despite constrained finances.
According to the latest TPN Residential Rental Monitor, most residential tenants (83%) remained in good standing in Q2 2024 despite constrained finances.
While the repo rate is stable, for now, it is unlikely to decrease until 2024, the local economy remains under pressure, especially from continued loadshedding, experts weigh in about what’s in store for the property market in the next few months.
The residential rental sector started to show real signs of renewal in the fourth quarter of 2021 with key national property indicators revealing that the sector is through the worst of the economic storm.