A slow sale of residential properties as buyers await the election outcomes
- 90.6 FM News
- Apr 30, 2024
- 1 min read
VAAL TRIANGLE - High interest rates have slowed the sale of residential properties as buyers await election outcomes. Sellers are also forced to reduce their asking price more than once. The industry has noted challenges with rates, especially affecting properties over R3.5-million. Get A Bond's André Parsons cites decreased affordability, with many buyers unable to qualify for mortgages.
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