Is now a good time to buy property in South Africa?

Is now a good time to buy property in South Africa?

South Africa’s house market is under pressure due to the continued lockdown in the country.


The global pandemic has slowed down activity in the property market. 

Property economist Erwin Rode joined Breakfast with Martin Bester on 28 May to talk about the property market in South Africa during the coronavirus. 

 Should you sell, buy, or wait it out?

READ: Places of worship to open on 1 June under lockdown level three

According to Rode, the economists do not have data to measure the trajectory of the rental market in South Africa at the moment. 

Landlords are faced with a predicament. Do they keep the tenant and offer a lower price or replace them. 

Is it a good time to buy property due to the interest rate changes?

READ: The light at the end of a cigarette: South Africans are still smoking

Listen to the full conversation with Erwin Rode and Martin Bester here. 

Show's Stories