Hashtags Property Group

Become a Franchise Partner or a Business Associate and start your own business today! Our strategy is to create sustainable small and medium real estate agencies.

View franchise fees and packages here 👉 www.hashtagsprop.co.za/franchise-details

Get in touch for more information
Email: [email protected]
Office 1: +27 10 005 2370
Office 2: +27 104493070
Support: +27 79 627 2750

"There are many reasons to expect the repo rate to lower, but largely due to the Rand firming up with the advent of GNU and a drop in the fuel price. But don’t expect a spectacular rate cut, say many credible analysts. According to most economists, it will likely be 25 basis points, but that does herald in, as per traditional patterns, the expected incremental decreases in the future."

The turning of the repo tide Will the MPC finally give the property market a break in the shape of a repo rate cut this September? Sharing his insights at REIS 2024, economist Dr Roelof Botha believes so.

"A significant 27% of homeowners who sell and then buy a new home choose to do so in a different province, a notable increase from 16% in 2019.

These figures exclude other market segments, such as first-time buyers (FTBs), properties with multiple owners, sellers who don’t purchase another home, and households buying again under a different spouse’s name."

One in four sellers buys in a new province A significant 27% of homeowners who sell and then buy a new home do so in a different province. Find out where they are buying.