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Average Asking Price in Gauteng | What you should be comfortable paying The property market is being spurred by the positive impact of lower interest rates, still being felt around the country, as house price growth continues to accelerate in all provinces. A key factor to consider when buying sectional title property - complex management When you buy into a sectional title scheme, you’re not just buying a property, you’re also buying into a community that is governed and maintained by a body corporate and if the entity is mismanaged, it can affect not only your quality of life but also the value of your property. Expectations for another interest rate cut in November  On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.
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