Siphamandla Mkhwanazi
latest news & developments
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
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
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
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
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