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Hout Bay sees big boost in buyers; Sectional title property in Gauteng a sweet spot for buyers Hout Bay sees big boost in buyers, offering property on the low and high-end. In the meantime there has been a notable shift in the urban property markets in Gauteng with sectional title property currently being a sweet spot for buyers. Repo rate cut : What it means for the property marketReal estate market experts share their insights on the impact of current interest rates on buyer affordability and seller demand, highlighting several key factors.Is now the time to buy? Rate cuts boost housing demandThe housing demand and prices have already started to rise in response to the two interest cuts announced last year, and that this trend will no doubt be further fuelled by the 0,25% cut announced this week.