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Cape Town's thriving tech city fuels property market and foreigners flock to the Atlantic SeaboardIncreasingly recognised globally as an emerging tech hub, attracting not only an influx of tech start-ups but also significant, rising interest from international call centres, particularly from the UK and USA.Property market reacts to unchanged repo rateHere’s what the SARB's Monetary Policy Committee's decision to keep the repurchase rate at 7.5% per annum, and the prime rate steady at 11%, means for those in the property market.Repo rate holds steady at 7.5%The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged, at 7.5%. Four members preferred this action, while two favoured a cut of 25 basis points.