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Springs upgrades its imageLong stigmatized as a mining town populated mostly by lower and middle income residents, the East Rand town of Springs is fast taking its place as a sought-after residential area – by multi-million rand as well as entry level 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.