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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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R995,000
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3 Bedroom Townhouse For Sale in Manaba Beach |
Lovely three bedroom townhouse in the sought after Aloha Park complex. This corner unit boasts a spacious garden, perfect for outdoor enjoyment. The lounge boasts beautiful garden views and connect to a generous dinning room ... |
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R1,650,000
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3 Bedroom Apartment For Sale in Trafalgar |
Luxury Beachfront Living - Best Value in Trafalgar South Coast KZN! Imagine waking up to breathtaking ocean views in this immaculate, fully furnished beachfront apartment. Nestled in an exclusive upmarket complex with direct access to ... |
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R900,000
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2 Bedroom Simplex For Sale in Ramsgate |
Your Dream Holiday Simplex - Only 50 meters from the beach! Nestled in the heart of sought-after Ramsgate, this charming 2 - Bedrooms, 2 - Bathrooms is the perfect coastal retreat! Whether you're looking for ... |
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R760,000
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3 Bedroom House For Sale in Marburg |
Welcome to this beautiful 3- bedroom home, perfect for first time buyers! With its spacious living areas, kitchen, and comfortable bedrooms. This property has everything you need. This property nestled in a secure pocket within ... |
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R1,995,000
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4 Bedroom Freehold For Sale in Shelly Beach |
Are you looking for a renovation project with endless potential? Look no further! This charming fixer-upper home boasts breathtaking sea views and is waiting for your personal touch. Features: - Stunning sea views from 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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