09/09/2026
๐ก WRIGHT PROPERTIES | LOCAL MARKET INSIGHTS
Understanding what is happening with home-loan applications and approvals helps both buyers and sellers make better property decisions.
Here is David Wrightโs latest local market interpretation. ๐
๐ก BUYERS ARE STILL ACTIVE โ BUT FINANCE IS BECOMING MORE SELECTIVE
The latest BetterBond Property Brief gives us an interesting look at what is happening behind South Africaโs residential property market.
๐ While higher deposit requirements temporarily slowed home-loan applications during July, home-loan approvals continued to grow โ 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.
๐ 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.
๐ก For sellers, this makes the fundamentals increasingly important:
โ
Correct pricing supported by recent comparable sales
โ
Strong presentation to compete effectively for buyer attention
โ
Professional marketing to maximise exposure
๐ฅ A well-positioned property has a much better opportunity to attract serious buyers and convert interest into an offer.
If youโre considering selling, understanding where your property fits into the current local market is a good place to start.
๐ David Wright | Wright Properties
๐ฑ 083 301 9933
๐ wrightproperties.co.za
We do it right!
Source: BetterBond Property Brief โ August 2026