Happy Friday!

Welcome to our weekly REI In-Focus Five Bullet Friday where we deliver five essential property insights and news titbits to kickstart your weekend.

We give you a shot of property wisdom that counts, helping you become a more accomplished and savvy property owner and investor.

Two Great News Stories!

We have fantastic news to share this week. Firstly, the interest rates have been put on hold, providing much needed stability in the property market. Secondly, Real Estate Investor Magazine was crowned runner-up SAPOA’s Property Publication of 2023 at a glittering awards ceremony held at Sun City last night.

Top 5 Editor's Real Estate Picks of the week:

READ - Interest rates on hold: Discover the impact of this decision on the property market.

READ -Real Estate Investor Magazine gets Runners Up: Explore the latest trends and insights in the real estate industry.

WATCH - Guide To South African Property Success: Tune into our video content for expert advice and analysis.

READ - SA’s Property Sector turns to PropTech: Learn how PropTech is helping the industry navigate economic challenges.

WATCH - John Loos | Building a Strong Foundation : Stay tuned for our informative videos on key real estate topics.

As we celebrate our recent achievement, let's also support our Springboks as they continue to drive the positive sentiment of the nation.

Join us in cheering for them as they face Ireland on Saturday evening in their third Rugby World Cup match for 2023. As Robbie Wessels says, there's a lot to shout about, ‘Hiep, hiep, hoera’.

Stay informed and keep your real estate dreams thriving.

NEALE PETERSEN

REI In-Focus Team

Editor’s Picks

SA’s Property Sector turns to PropTech to navigate economic challenges

The South African property sector, much like many other industries, is currently facing significant challenges. Credit impairments at one major bank surged by 57% in the first half of 2023, largely due to higher interest rates, elevated inflation, and severe power outages Click here to read more

No interest rate hike: Welcomed stability vital in these uncertain times

Having seen the Reserve Bank raise the repo rate by a total of 475 basis points between November 2021 and May 2023 - taking it to 8.25%, and with the current prime lending rate at 11.75%, Click here to read more

Real Estate Investor Magazine runner-up Property Publication of the year

Real Estate Investor Magazine was crowned runner-up at SAPOA’s Property Publication of 2023 at a glittering awards ceremony held at Sun City last night. The annual Journalism Awards for Property Excellence was held at the annual SAPOA convention Click here to read more