The SARBs Monetary Policy Committee has raised the repo rate by 50 basis points taking it to 6. 75% during its first meeting in 2016.
The trouble with house prices is because of a booming market that causes consequence of upbeat consumer confidence.
South Africa’s unemployment rate increased to 25.5% in the third quarter of 2015, Statistics South Africa (Stats SA) said on Tuesday.
South African listed property holds its own compared with other global regions so far this year but economic pressures are set to bring volatility to bear on property markets worldwide.
According to Catalyst Fund Managers, the yield to maturity on the Long Term Government Bond Index weakened by 5bps to end the month at 8.44% (8.39% - 31st August 2015).
Year-on-year property statistics released by ooba, South Africa's largest bond originator, signal a favourable outlook for the South African property market in 2015.

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