Cape Town luxury property market thrives thanks to international buyers
According to the latest announcement made by the Monetary Policy Committee (MPC) of the Reserve Bank, debt holders face higher home loan repayments. The repo rate climbs by another 75 basis points to 5.5% per annum, ultimately pushing the prime lending rate to 9%. Yet despite the constant rising of inflation and interest rate hikes in South Africa, the luxury property … Continue reading Cape Town luxury property market thrives thanks to international buyers
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