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Mail & Guardian
siphamandla mkhwanazilatest news & developments
with interest rates expected to remain elevated for some time, prospective homebuyers may be better off holding back a little while longer. Photo: Jacques Stander/Gallo Images
ANNABEL BISHOP

EXPLAINER: Even as inflation falls, homebuyers hold off

Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks

  • Sarah Smit
5 min read
Higher lending rates and weaker economic outlooks will inevitably temper once spirited housing markets, with signs of cooling already in evidence.. (Oupa Nkos)
ANDREW GOLDING

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

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

  • Sarah Smit
5 min read
Photo: Laird Forbes/Gallo Images
ANDREW GOLDING

Unemployment and interest rate hikes predicted to hit property market

The volume of new mortgage applications reached multi-year highs amid record low interest rates

  • Sarah Smit
6 min read
BUSI SIBEKO

Funding a vaccine will tax our limits

VAT should not be hiked, but a once-off levy on mineral resources or a solidarity tax seems likely

  • Sarah Smit
4 min read
CASHBUILD

Covid will decide if home refurb boom continues

If herd immunity is reached and life returns to ‘normal’, people may switch spending to things they gave up and the desire to DIY may subside

  • Sarah Smit
5 min read