No quick recovery for growth in house prices
By Loyiso Sibali
From Business Day
Difficult times are far from over for SA's residential property market, according to the latest data from the Absa housing price indices. The report for September found that rising inflation, high interest rates, slowing real household disposable income growth and the impact of the National Credit Act (NCA) continued to weigh down heavily on household finances.
The housing market has a long recovery period in front of it, so do you know what you home loan options are? Have you considered debt consolidation or equity release? Do you need a debt manager now rather than too late?