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Local house prices hold steady against high interest rates The local housing market seems to be weathering the storm. While high interest rates have decreased activity within the housing market, there continues to be demand for homes in good areas that are marketed at a fair market value.Take a look : 4 awe-inspiring modern marvelsThere is something for everyone in these dream homes in Paarl, Ballito, Sandton and Port Alfred, with price tags up to R25m...These booming SA towns offer first-time buyers affordable homes below R1mWhether buying the property to live in, rent out, or move to as a semigration relocation, the homes in these regions give aspirant buyers value for money in fast-growing areas with a variety of economic opportunities.