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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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R2,700,000
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| 4 Bedroom Townhouse For Sale in Musgrave |
| Prime Property presents A refined living in this sophisticated 4-bedroom townhouse located in the sought-after Musgrave area. This home offers a blend of modern luxury and classic charm, perfectly situated near vibrant local amenities Living ... |
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R750,000
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| 1 Bedroom Apartment For Sale in North Beach |
| Prime Property Presents this spacious apartment in a most sort after Building in North Beach .can be used as a holiday Flat or an Investment .Centrally Situated and close and walking distance to all amenities ... |
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R550,000
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| 0.5 Bedroom Apartment For Sale in North Beach |
| Prime Property Presents this Apartment close to the Golden Mile next door to the Edward Hotel . A 3 minute walk across to the Beach , Flea Market and all other amenities Great Investment can ... |
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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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