THE 2015 PROPERTY MARKET Property buyers have also been taking advantage of historically low interest rates as a spring board to enter the market, says CEO of Jawitz Properties Herschel Jawitz. He says demand has been robust in different price levels across major cities (Johannesburg, Cape Town and KwaZulu-Natal). Jawitz says the “sweet spot” in demand for properties has been the R750 000 to R2.5 million price category - predominantly characterised by first time home buyers. “First time home buyers still prefer sectional titles, as they represent up to 50% of home loan applications,” he says.
Posted on: Mon, 12 Jan 2015 06:31:33 +0000