Is this the time to buy a house?
The residential property market remains in limbo — and is under huge pressure in Joburg. But expectations of a rate cut-induced rebound could prompt a wave of bargain buying
14 March 2024 - 05:02
It’s no secret that few South Africans have enjoyed inflation-beating returns on residential bricks-and-mortar assets over the past five to seven years.
However, things have taken a turn for the worse since mid-2023, when capital growth started to weaken noticeably. In fact, FNB’s house price index is now at its lowest level in 15 years. ..
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