May 2022
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Hi there,
How do you feel about the interest rate hike?
This month, the South African Reserve Bank hiked the repo rate by 50 basis points, the steepest increase since 2016. The move will impact the property industry with higher home loan repayments. However, many property practitioners remain upbeat; banks continue to approve home loans and there are plenty of opportunities to unlock in the property market.
In our poll, we want to know how you’re feeling about the change. Optimistic or not — the stage is yours to share your thoughts.
All the best,
Mark Buttress
CEO of Prop Data
37% of property practitioners say unlimited earning potential is the main reason they started a career in real estate.
Source: Prop Data April Poll 2022
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This month’s poll
How do you feel about the interest rate hike?
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