Repo cut rate does little to save economic concerns

Jan 17, 2020 9:50:54 PM Share this:

The South African Reserve Bank's monetary policy committee announced yesterday that it has voted to reduce the repo rate from 6.5% to 6.25%. Therefore the prime rate will fall to 9.75%. Although this will certainly alleviate some pressures for those in debt we are a long way from saving a vulnerable economy.


Read more

Topics: Richard Gray, Harcourts South Africa, Economy, repo rate, Market Value

Adjust to new market realities of a recession and keep going says property experts

Sep 11, 2018 5:41:19 PM Share this:

South Africa has slipped once more into a technical recession and 2018 looks set to be the third year in a row for real house price decline, yet the property market is far from dead assures property experts. What is important is to adjust to the new market realities as they are here to stay for a while.


Read more

Topics: Property Markets, Market Value, Harcourts Growth, South African Markets