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Grahamstown's new modern apartments Demand for residential property has peaked in Grahamstown thanks to the new development by Thornbird Trade and Invest 55 (Pty) Ltd, Lindisfarne.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.