26/03/2026
Interest Rates Hold Steady – What This Means for Property Buyers & Sellers in South Africa
The South African Reserve Bank, led by Lesetja Kganyago, has kept the repo rate unchanged at 6.75%, meaning the prime lending rate remains at 10.25%.
So, what does this mean for YOU in the property market?
For Buyers:
This is good news! Stable interest rates mean your monthly bond repayments won’t increase (for now). It creates a sense of certainty and makes it easier to plan your home purchase without worrying about sudden cost hikes.
For Sellers:
A steady rate environment keeps buyer confidence intact. More confident buyers = more activity in the market = better chances of selling your home at the right price.
But here’s the catch…
Global events, including rising oil prices, could push fuel costs up significantly in the coming months. This may place pressure on household budgets and could influence future interest rate decisions.
What should you do?
If you’ve been thinking about buying or selling, now is the time to act while conditions remain stable. Waiting could mean dealing with higher costs if inflation rises.
Bottom line:
The market is currently balanced — and that creates opportunity for both buyers and sellers who move strategically.
📩 Thinking of buying or selling? Let’s chat about how to make the most of the current market conditions.
