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Property values rising in CT Blue Downs and surroundsCentral Cape Flats suburbs still offer excellent value, with prices as low as R400k for a two bedroom house and up to R1.2m for a family home.Demand for homes in Malibu Village There's strong demand for property in Malibu Village, Cape Town where less expensive properties seem to have recovered fast from the downturn.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%.