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Range of properties now on auctionA variety of residential properties in Gauteng are currently being sold at auctions until Wednesday 19 May.Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.Biggest deal breakers for homebuyers While many buyers are willing to compromise on certain features, there are key deal breakers that can turn a once-promising property into a hard pass.