28/05/2026
Big news for homeowners, buyers, and sellers 📣🏡
The South African Reserve Bank has announced a 0.25% increase in the repo rate, bringing it to 7%, while the prime lending rate increases to 10.5% effective 29 May 2026. 
So… what does this actually mean? 👀
➡️ Monthly bond repayments on variable home loans will increase
➡️ Buyers may qualify for slightly less when applying for finance
➡️ Some buyers may pause their property search temporarily
➡️ Sellers could see a more price-sensitive market
BUT - it’s not all doom and gloom ✨
Well-priced homes in desirable areas are still moving, and serious buyers are still actively shopping. In many cases, moments like these create opportunities for smart negotiation and long-term investment.
Whether you’re buying your first home, upgrading, investing, or thinking about selling - understanding the market is more important than ever.
Need guidance in today’s market?
We’re here to help you make informed property decisions 🏡