Happy Friday, Property Peeps!
With the 2024 South African elections done the big wait is for the election results and early results show that the governing ANC has already lost a lot of ground both regionally and nationally.
The South African Reserve Bank (SARB) announced that interest rates will once again remain unchanged, maintaining the prime lending rate at 11.75%. This decision has been met with surprising equanimity by property experts who, until recently, were predicting the start of a long-awaited interest rate cut cycle.
The Reside Awards 2024 takes place in Johannesburg on Thursday evening at 19h00 and today is the deadline for your submissions, so take action now!
Here's your essential reading list for the week:
READ: SA Property Market Confidence Up as Interest Rates Hold Steady
READ: Public private partnerships key in delivery of affordable housing
WATCH: Interview with Jonathan Kohler
READ: High court case could be a plus for owners of hijacked buildings
READ: Workplaces adapt to evolving workforce
Not to be missed - Next Webinar:
Mark your calendars for our upcoming webinar on Thursday, 6 June at 12h00 on ‘Post-Election Outlook for South Africa’s Property Market’. Gain exclusive insights and stay ahead of the game in these dynamic times! Click here to register for FREE now!
Video Interview of the Week:
Watch our insightful interview with Jonathan Kohler founder and CEO of Lansdowne Property group. He shares their huge success in the Western Cape.
RESIDE AWARDS 2024:
Exciting news! The deadline for entries is TODAY for the 2024 Reside Awards. There 13 categories so don't miss the opportunity to showcase your achievements and be recognised among industry leaders. Click here to check out the categories and ENTER now.
That's all for this week, folks! Wishing you a weekend filled with profitable property endeavours, relaxation and success!
Cheers to your success!
Neale Petersen
Your Property Aficionado
