SA property market sees upswing in homebuyers after elections – Leadhome

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Despite current concerns around South Africa's economic growth, property still provides a solid investment.

Despite current concerns around South Africa’s economic growth, property still provides a solid investment.

“As a first-time buyer, you are spoiled for choice, which means you have the upper hand to ‘shop around’ to find a suitable home at a good price.” “Buyers who were holding off prior to elections, feeling reassured by the stable prime lending rate were more likely to submit their bond applications,” Zwiers said.

Due to lower deposit requirements and competitive interest rates, a significant window of opportunity for prospective homeowners has been opened. First-time buyers and young professionals are particularly active in the lower residential property price brackets where new developments and even more established suburbs, offer good value.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines