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Lower interest rates & 100% bonds boost property prices

Property News: ABSA House Price Index The lowering of interest rates has historically had a lagged effect on property prices. It was no different this time around. According to the latest ABSA House Price Index, low interest rates has been one of the major reasons for the recent increase in property prices. image by warrenski Jacques du [...]

Interest Rates Remain unchanged, again.

Home Loan News: interest rates The South Africa Reserve Bank’s monetary policy committee completed their first meeting of the year 2010, with an announcement from the new governor that interest rates will remain unchanged. The prime interest rate will remain at 10.5%; despite many calls for a cut in the lending rates. The Reserve Bank Governor, [...]

South African property experts share their outlooks on 2010

It seems that industry experts all agree that the South African property market is headed for recovery. And, most commentators are predicting a steady, but slow improvement in property values over the coming 12 months.