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Sought-after Ekurhuleni suburbs with homes priced from R1mClose to many amenities and schools, Ekurhuleni in Gauteng offers first-time buyers plenty of buying opportunities, with a lot of movement in areas like Alberton and Germiston…Unchanged repo rate: Disappointing for the economy and property, but not surprisingThe decision to keep the repo rate unchanged at 8.25% means the prime lending rate will have been at a15-year high of 11.75% for more than a year, because the current rate was set by the MPC at its May 2023 meeting.Property experts react to no interest rate cutWith the most recent announcement that interest rates will remain unchanged, property experts have provided their insights on the unanimous decision by the South African Reserve Banks' Monetary Policy Committee.
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