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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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R490,000
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| 3 Bedroom House For Sale in Port Shepstone Rural |
| Absolute Bargain! This delightful property consists of an open plan kitchen and lounge, 3 bedrooms and a full bathroom. Located in Marburg walking distance to schools and close vicinity to Port Shepstone. The property currently ... |
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R1,299,000
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| 3 Bedroom Apartment For Sale in Manaba Beach |
| Beachfront Apartment for sale in Manaba South Coast KZN! Spacious - Stunning Seaviews - Ground Floor - Prime Investment! This ground-floor apartment is located in a well-maintained complex, just a short stroll from the beach, ... |
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R495,000
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| 1 Bedroom Apartment For Sale in Margate |
| Unbeatable BARGAIN - Apartment for sale in Margate South Coast KZN. This is the deal of the year! Act fast before it’s gone – opportunities like this don’t last long. Apartment Features: -1 Bedroom – ... |
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R950,000
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| 2 Bedroom Apartment For Sale in Margate |
| Seaside Living at its BEST - Beachfront Apartment for sale in Margate South Coast KZN. Wake up to the sound of crashing waves and let the ocean breeze sweep through your very own coastal retreat. ... |
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R950,000
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| 2 Bedroom Apartment For Sale in Margate |
| Beachfront Apartment with Spectacular Seaviews - Margate South Coast KZN. This is your chance to own a stunning apartment just steps away from the beach, at an unbeatable price, and fully furnished! Property Features: -2 ... |
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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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