Repo rate stays the same
While it is unfortunate that the Reserve Bank has decided to hold the repo rate steady, three previous cuts have had a noticeable impact on the property market… READ MORE
MPC’s decision to hold rates firm and vat increases could put the brakes on recovery in residential property demand
In an environment of rising living costs, affordability remains a major factor. The MPC’s decision to hold interest rates and concerns over economic growth will likely impact investor sentiment in the short term, as buyers adopt a wait-and-see approach.… READ MORE
Rate hold still bodes well for homebuyer confidence
Rhys Dyer, CEO of the ooba Group provides his comments in the release below, maintaining the decision is still a positive signal for homeowners and buyers, and that current market conditions may support a 25 basis point rate reduction in … READ MORE
Unchanged interest rate a missed opportunity
The decision by the Monetary Policy Committee of the SARB to retain the interest rate at the current level of 7.50% (prime rate at 11%) is disappointing and a missed opportunity to provide vital relief to consumers and property buyers … READ MORE
Unchanged repo rate disappointing news for home buyers
“With the February 2025 consumer inflation rate unchanged at 3.2% – below market expectations – the Monetary Policy Committee’s decision not to reduce the repo rate disappointed existing mortgage holders and aspirant home buyers,” says Andrew Golding, chief executive of … READ MORE
House prices and the critical role of interest rates in the economy
House price growth, especially outside of the Western Cape, has largely been dismal over the last two years. After growing at rates of between 5% and 9% in the 2020-2022 period, it declined to as low as 0.5% by mid-2024.… READ MORE
Infrastructure spendng boost despite VAT woes
Dr Andrew Golding, chief executive of the Pam Golding Property group commented on the budget speech presented on 12th March, “It was positive to note that the critical need for infrastructural improvements has been highlighted in today’s National Budget, as … READ MORE
How updated Public-Private Partnership rules and fiscal policy could transform South Africa’s commercial property sector
South Africa’s National Treasury has simplified the approval process for public-private partnerships (PPPs) under R2 billion to boost infrastructure projects and attract private investment. This move, effective June, eliminates the need for Treasury approval of smaller projects, expediting developments like … READ MORE
Affordable housing investment needs direction
In his 2025 address, President Cyril Ramaphosa emphasized transforming South African cities into economic hubs through central housing and reclaiming hijacked buildings. TUHF, a leader in impact investment, champions urban densification for economic growth. Current peripheral housing developments, though cost-effective … READ MORE
The climate change reality in South Africa: An engineer’s call to action
In South Africa, the impact of climate change is no longer a distant concern – it’s a harsh reality that is already reshaping the landscape. The country faces an unpredictable climate that brings with it an escalating frequency of extreme … READ MORE