The latest figures from the respected property analysts Lightstone bear out the bullish statements that he has from time to time made about the prospects for what is arguably the Cape Town Northern Suburbs’ most prestigious and popular suburb, Durbanville, said Rowan Alexander, Director of Alexander Swart Property, this week.

As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.

ooba, South Africa’s biggest bond originator, welcomes the interest rate cut of 0.25% announced by the South African Reserve Bank this afternoon.

On Thursday the SARB Monetary Policy Committee elected not to raise the repo rate which will remain unchanged at 5.5% until the next meeting on the 17th of July.

Home owners and residential property investors are likely to start making money again on their bricks-and-mortar assets this year after a six-year housing slump.