Property Brief – January 2025

The latest BetterBond Property Brief - January 2025 is out!

The year 2025 has started on a good note with several key economic indicators pointing to the prospects of substantially higher economic growth for the year. This includes welcomed quarter-on-quarter improvements in the value of building plans passed, the volume of building materials produced and the remuneration of construction sector employees. Added to this, business confidence continues to improve, and producer inflation has recorded historic lows. Even though December 2024 understandably saw a slight dip in home loan applications, with interest rates likely to continue on a downward trend, economists are confident that we can expect to see a sustained growth phase in the property market.

The full list of data points included in this Property Brief, is as follows:

In the Economist’s Notes, Dr Roelof Botha explains why the notable decline in both the producer price index (PPI) and consumer price index (CPI) could guarantee further cuts in the prime lending rates in 2025. This, he notes, should serve to stimulate the demand for residential property, which in turn will boost GDP growth in South Africa. 

If you would like to review all the issues of the BetterBond Property Brief, you can download them all here. You can download the Property Brief - January 2025 below: