Pulse of the Property Market

Property News: Despite the negative effects of High Interest Rates on housing affordability, property prices in South Africa continue to increase. Although, the rate at which your property value is growing has slowed considerably. Standard Bank reports that property price growth has dropped to about 6.5% year-on-year, and according the ABSA HOUSE PRICE INDEX growth is currently at its lowest since January 2000. All these figures point to the fact that although there are fewer buyers in the market currently, …

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