David Wright Wright Properties

09/09/2026

🏡 BUYERS ARE STILL ACTIVE — BUT FINANCE IS BECOMING MORE SELECTIVE

The latest BetterBond Property Brief gives us an interesting look at what is happening behind South Africa’s residential property market.

📊 While higher deposit requirements temporarily slowed home-loan applications during July, home-loan approvals continued to grow — an encouraging indication that genuine buyer activity remains in the market.

BetterBond also reports that first-time buyers reached a record average purchase price, while rising household incomes continue to support residential property demand.

📍 So, what could this mean for homeowners in Sasolburg, Vaalpark and Vanderbijlpark

Buyers still need to qualify for finance and affordability, deposit requirements and monthly repayments all influence their purchasing decisions.

💡 For sellers, this makes the fundamentals increasingly important:

✅ Correct pricing supported by recent comparable sales

✅ Strong presentation to compete effectively for buyer attention

✅ Professional marketing to maximise exposure

💥 A well-positioned property has a much better opportunity to attract serious buyers and convert interest into an offer.

If you’re considering selling, understanding where your property fits into the current local market is a good place to start.

📞 David Wright | Wright Properties
📱 083 301 9933
🌐 wrightproperties.co.za

We do it right!



Source: BetterBond Property Brief — August 2026

02/09/2026

🏡 HOUSE PRICES ARE STILL RISING—BUT MOMENTUM IS SLOWING

South African house-price growth moderated from 5.5% in June to 5.1% in July, while the national average selling period was approximately 10 weeks and three days.

The important local qualification is:

A national average is not a local benchmark—it is a broad guideline.

Selling time and achievable price can differ substantially according to:

📍 The suburb and price category
🏘️ The number of competing properties
✨ The property’s condition and presentation
📊 Whether the asking price is supported by recent sales
📣 The quality of the marketing and follow-up

For buyers, this means comparing properties carefully and looking for genuine value.

For sellers, national price growth does not mean that every property has increased by 5.1%. Credible pricing, strong presentation and effective marketing remain essential.

Considering selling? Wright Properties can help you assess how your property is positioned in today’s local market.

David Wright | Wright Properties
We do it right!

Sources: FNB Property Barometer summary⁠ · Detailed market analysis⁠

23/08/2026

🏡 THE NEXT INTEREST-RATE SIGNAL HAS ARRIVED

In our previous Local Market Insight, we explained that July’s inflation figures would provide an important signal ahead of the next South African Reserve Bank interest-rate decision.

That signal has now arrived.

Headline inflation slowed from 5.0% in June to 4.3% in July, while prices increased by only 0.2% during the month.

Food inflation fell to its lowest level in more than 16 years, while lower fuel prices helped transport inflation ease from 12.7% to 8.9%.

This is encouraging news—but household property expenses remain under pressure.

During 2026:

⚡ Electricity tariffs increased by 8.1%
💧 Water tariffs increased by 10.2%
🚽 Sewerage tariffs increased by 7.8%
🏡 Property assessment rates increased by 4.9%

The prime lending rate remains at 10.5%, with the next South African Reserve Bank interest-rate announcement scheduled for 23 September 2026.

July’s lower inflation figure may reduce immediate pressure for another interest-rate increase. However, it does not guarantee that rates will remain unchanged or move downward in September.

WHAT DOES THIS MEAN FOR BUYERS?

Improving inflation may support confidence, but affordability should still be calculated carefully.

Buyers need to consider:

✅ The deposit required
✅ The monthly bond repayment
✅ Municipal rates and utilities
✅ Electricity and backup power
✅ Insurance, security and maintenance
✅ Possible repairs and improvements

WHAT DOES THIS MEAN FOR SELLERS IN SASOLBURG, VAALPARK AND VANDERBIJLPARK?

Encouraging economic signals may support buyer confidence—but buyers remain financially selective.

A property still needs to offer the right combination of:

🎯 Evidence-based pricing
📸 Professional presentation
🔧 Good maintenance
💡 Practical and cost-saving features
📋 Accurate property information
🏦 Overall affordability

Lower inflation is welcome news for the property market—but value and affordability will continue to determine which homes attract serious buyers.

Considering selling? Let’s establish how your property should be positioned for the buyers currently active in our local market.

David Wright | Wright Properties
We do it right!

Sources: Stats SA | SARB | BetterBond


Wright Properties

23/07/2025