The fuel shock is here. As Q1 closes, South Africa faces a sharp fuel shock, effective tomorrow. Petrol could jump to R5 - R6/litre and diesel to R9 - R10/litre. Driven by Middle East tension, rising oil prices, and higher levies, this feeds straight into inflation. What it means:
The window of relief is closing, fast. The property market is holding but splitting. The market isn’t falling, it’s fragmenting.
Fuel Shock vs Property Resilience - Pricing discipline wins
Affordability Squeeze - Spending is competing with property
True Cost of Property - Buyers still underestimate real costs
Community Scheme Risk - Governance is becoming a key threat
On the ground: Demand is real, buyers are active but are extremely price-sensitive. Bottom line: This is no longer a rising market, it’s a precision market.
