/ 8 November 2022

SA housing market to fall off a hill, not a cliff

Up market: The price of residential property is expected to increase by between 7% and 9% this year. Oupa Nkosi, M&G
Higher lending rates and weaker economic outlooks will inevitably temper once spirited housing markets, with signs of cooling already in evidence.. (Oupa Nkos)
The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception

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