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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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R4,300,000
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| 4 Bedroom Gated Estate For Sale in Shelly Beach |
| Nestled in the serene and secure The Farm Eco Estate in Shelly Beach, this stunning 4-bedroom home offers the perfect blend of luxury, comfort, and eco-conscious living. Key Features: Spacious Bedrooms: Four generously sized bedrooms, ... |
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R799,000
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| 2 Bedroom Apartment For Sale in Shelly Beach |
| Coastal Bliss Awaits - Ground Floor Apartment in Shelly Beach! Discover the epitome of seaside living in this beautifully maintained ground-floor apartment, located in the highly sought-after Eden Dunes complex in vibrant Shelly Beach. Key ... |
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R1,080,000
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| 2 Bedroom Apartment For Sale in Shelly Beach |
| Coastal Bliss Awaits - Your Dream Beachfront Apartment in Shelly Beach! -Get ready to fall in love with this stunning first-floor beachfront apartment offering unbeatable sea views and the ultimate coastal lifestyle. Perfectly located just ... |
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R795,000
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| 2 Bedroom Apartment For Sale in Ramsgate |
| Cosy Apartment in Ramsgate South Coast - Perfect Location and Great Investment! Welcome to Ramsgate Village, one of the most desirable areas on the South Coast of KZN. Situated in the heart of Ramsgate, this ... |
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R600,000
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| 2 Bedroom Apartment For Sale in Manaba Beach |
| Bargain buy by the sea - A perfect investment opportunity! Looking for your dream holiday apartment or a smart investment? Look no further! -This charming Apartment is located in the heart of Manaba on the ... |
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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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