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Property owners brace for potential rate shock as SARB announces interest rate decision
With rising interest rates and inflation, South Africa's property market faces mounting pressure. Homeowners struggle with higher repayments, while buyers confront reduced loan approvals.
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iol.co.za
Inflation surprise puts Sarb in the spotlight as property leaders warn against another rate increase
South Africa's inflation has surged to 5% in June, surpassing forecasts and intensifying speculation about a potential interest rate hike by the Sarb, as economists and property…
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SARB interest rate announcement: What July’s decision means for South Africans
Prospective buyers face reduced home loan approvals, current homeowners are hit with elevated monthly repayments, while developers and investors navigate sluggish demand and…
