04/06/2026
Buyers who have been basing their budgets on a continued strong downward cycle in interest rates are likely going to be disappointed. With interest rates having recently moved higher and the broader easing cycle losing momentum, affordability expectations need to be recalibrated. Even though rates may still fluctuate over time, the pace of any relief has clearly slowed, meaning gains in affordability are now more likely to come from wage growth, price normalisation, and stronger negotiation opportunities for buyers.
This shift is gradually moving leverage back towards buyers, while developers and agents will need to adjust expectations in a market driven by selective demand rather than stimulus.
Go watch the latest episode of ๐ง๐ต๐ฒ ๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐๐ผ๐ฟ๐ป๐ฒ๐ฟ on ๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ, where we unpack why the interest rate outlook in South Africa has changed so dramatically, what global uncertainty and oil price risks could mean for the property market, and how buyers, investors, developers, and agents can position themselves for the rest of 2026.