Good things on the horizon for the South African property market.
By Nats • Aug 25th, 2008 • Category: In the news
Some experts are predicting that we have seen the bottom of the property market and we can now start a slow recovery from the last couple of months of slow growth.
Their predictions are based on the repo rate standing steady,a drop in the petrol price and a possible stabilization in Zimbabwe.
All this should boost investor confidence in the real estate arena ,and we will slowly start to see a positive growth in the property market.
By the end of next year hopefully everything will look alot better than it has in recent months.And all the recent developments bode well for the economy if consumers can curb their credit card spending.
So just don’t go on a spending spree,no matter how tempting.We all know things can change at the drop of a hat.
If you liked that post, then try these...
Property bargians - TLC needed. by doublef on May 26th, 2008
When looking to buy a "buy-to-rent" property you shouldn't overlook that property that needs a little TLC (tender, loving, care).
The implications of a "voetstoets" clause when buying a property. by Nats on September 4th, 2008
As all buyers are probably aware being absolutely sure of what you are buying is very important.
Consider property syndications very carefully. by Nats on October 3rd, 2008
Over the years many property syndications have come and gone,some amidst a flurry of controversy.
Key repo rate stays at 12%. by Nats on October 9th, 2008
As expected Reserve Bank Governor Tito Mboweni has announced that that the key repo rate will remain at 12%.
FNB homeloan controversy. by Nats on August 14th, 2008
More controversial property news today.
Nats is is part of the Yes2Property team. She monitors ALL news relating to the South African real estate market.
Email this author | All posts by Nats
