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| Possible Decline in Interest Rate |
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Dear Guest,
On 21 November 2024, South Africa's Monetary Policy Committee is anticipated to announce a potential 0.25% interest rate cut, reflecting global trends and easing inflation. While this offers hope, interest rates are expected to remain above pre-pandemic levels of 6-7% through 2025, and significant rate reductions are unlikely in the near future. A further rate decrease could provide short-term relief for homeowners and buyers by lowering bond repayments and boosting buyer activity. However, the property market's recovery will depend on broader economic factors, including consumer confidence. Real estate professionals are advised to focus on proactive client engagement to navigate both ...
READ MORE
Pranil Maharaj
Principal, Prime Property
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List your home with
Prime Property
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Have the properties you want find you
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R810,000
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| 2 Bedroom Apartment Block For Sale in Shelly Beach |
| We present a rare opportunity to own a beautiful riverside unit in a beautiful complex, just a stone's throw from the beach .Enjoy lazy afternoons relaxing on your patio taking in the beautiful views .The ... |
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R2,495,000
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| 3 Bedroom Freehold For Sale in Oslo Beach |
| We are excited to present this fantastic investment opportunity. This lovely property boasts a spacious main house and a separate 2-bedroom income-generating unit, perfect for generating rental income. *Main House Features:* - 3 spacious bedrooms ... |
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R1,670,000
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| 4 Bedroom Freestanding For Sale in Uvongo |
| Beautiful Family Haven with Sparkling Swimming Pool Nestled in a prime location, this stunning family house boasts expansive living spaces, perfectly designed for relaxation and entertainment which includes a built in bar area. *Features:* - ... |
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R995,000
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| 3 Bedroom Apartment For Sale in Margate |
| Discover this spacious 96m², 3-bedroom, 2-bathroom apartment located in the sought-after Santana complex, well-known for its exceptional holiday accommodation. Perfect for those looking to invest in holiday letting, this property offers not only seasonal income ... |
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R3,249,000
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| 5 Bedroom House For Sale in Uvongo |
| Nestled in the heart of Uvongo, this stunning 912m² family home offers the perfect blend of coastal living and modern elegance. With 5 spacious bedrooms and 5 luxurious bathrooms, this property is designed for those ... |
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Things To Do Before Purchasing A Property
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Being a legal contract, an offer to purchase is binding unless the purchaser in unable to fulfil suspensive conditions, and the contract therefore lapses.
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Reasons to sign a sole mandate
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Outweighing the benefits of a sole mandate.
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