As we prepare to close the book on 2024, the South African property market is ending the year on a high note. The two recent repo rate reductions in the last quarter have brought much-needed relief to homeowners and prospective buyers alike. Lower interest rates translate to more affordable monthly bond repayments, making homeownership more accessible for many.
This positive momentum is setting the stage for a vibrant start to 2025. With a more favorable lending environment, we anticipate renewed confidence among buyers and sellers. Whether you’re looking to upgrade, invest, or enter the property market for the first time, the early months of the new year could present exciting opportunities.
The experts at Property24 have shared valuable insights into what to expect in the coming year, highlighting trends and factors shaping the market in 2025. READ FULL ARTICLE HERE
At Engel & Völkers, we’re excited to guide you through the evolving market conditions. Whether you’re considering a move or simply want to explore your options, now is the time to plan ahead and take advantage of these favorable developments.
Let’s make 2025 your year to achieve your property goals. Contact us to discuss how we can assist you in navigating the opportunities that lie ahead.
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