Interest Rate Cut
Interest Rate Cut: Positive News for Property Owners and Buyers
The South African Reserve Bank announced a welcome reduction in the repo rate last week, bringing it down from 11% to 10.75%.
This slight but significant adjustment is good news for both current homeowners and prospective buyers, as it eases pressure on monthly bond repayments and improves affordability in the property market.
While still cautious about inflation, the Reserve Bank's decision signals a positive shift in economic conditions. For the real estate sector, even modest rate cuts can boost confidence and activity.
At Natal Property Consultants, we're keeping a close eye on market trends to help you make informed decisions-whether you're buying, selling, or renting.
Need advice? Get in touch with our team today.
02 Jun 2025
Author Paul Campbell