Leoni Jordaan

Surrounded by beautiful Marula trees, the Drakensberg escarpment, and the enticing Lowveld landscape, Hoedspruit is an ideal choice for buyers looking to escape the hustle and bustle of city life.

Demand for residential rental properties saw some recovery in the first quarter of 2022 with the vacancy rate recovering to 8.26%, compared to 13.31% a year earlier, according to TPN Credit Bureau’s Residential Rental Monitor. This is reflected in the strengthening of TPN’s Market Strength Index which recovered to 52.8% in the first quarter of 2022.

With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that a decision would be taken to further increase the repo rate, the question was simply by how much.