IOL Logo
Saturday, June 7, 2025

Latest News & Developments

affordability

Food inflation hits hard: Household budgets feel the pinch as food prices jump

The May 2025 Household Affordability Index shows a significant rise in the average cost of basic food items.

Cape Argus News
IOL Reporter|Published

Household budgets feel the pinch as food prices jump in May 2025

The May 2025 Household Affordability Index shows a significant rise in the average cost of basic food items.

Business Economy
IOL Reporter|Published

South Africans need more than just improved salaries to get onto the property ladder

Many South Africans are adopting a wait-and-see attitude in an uncertain environment, with multiple headwinds. This means salary earners might opt to be conservative and keep on renting as opposed to buying a property,

Property Residential
Given Majola|Updated

Exploring the connection between year-end bonuses and homeownership trends in SA

Existing homeowners, especially those with variable-interest rate bonds, could find it harder to keep up with bond payments, increasing the risk of foreclosures.

Property Residential
Given Majola|Published

A crisis in the making: budget cuts threaten South Africans' right to housing

Budget cuts plus land invasions and contractors abandoning projects all impede efforts to deliver houses for all.

Property Residential
Given Majola|Updated

How interest rate cuts can lower capital costs and boost the property sector

Lower interest rates will reduce the cost of financing homes, thus enabling a higher affordability at a given monthly financing payment.

Property Residential
Given Majola|Published

Will South Africa's interest rates echo Trump's policies? Key insights ahead of the announcement

The President of the USA, the world’s biggest economy said with the oil price going down, he will  demand that interest rates drop immediately and likewise they should be dropping all over the world.

Property Residential
Given Majola|Published

Will interest rates be cut this week? Experts say yes, at least 25bps, but 50bps would be better

Another interest rate cut this week, together with the lower transfer duties announced in the budget last week, will add further impetus to the market, especially for first-time buyers.

Property Residential
Given Majola|Published

A VAT increase could transform South Africans into lifelong renters, change property market

The recent VAT increase in South Africa's 2025 Budget may reshape the property market, influencing buyer affordability and rental demand.

Property Residential
Given Majola|Published

Rising rental prices in Cape Town's northern suburbs amid economic challenges

The rental market in Bellville, Durbanville, and Parow is thriving, driven by increased demand and a slight VAT increase, according to property experts.

Cape Argus News
Given Majola|Published

South African government pushes for affordable housing solutions for public servants

A market product needs to be developed for this segment of employees so that they can also become homeowners, say the experts.

Property
Given Majola|Published