Latest real estate news in Durban North view all news in Durban North
Market & Opinion
KwaZulu Natal's North Coast has made a comeback during lockdown
13 Aug 2020
After almost three months without the ability to buy and sell real estate, the property market has seen a flurry of activity since real estate became fully operational again. This resulted in the largest real estate group in Southern Africa, RE/MAX SA, reporting a record-high sales month of 2.38 billion in June. Certain regions within the group, namely KZN among others, stand out as being the forerunners for this recovery.
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Market & Opinion
Contained inflation made the case for an easing in the repo rate
17 Jan 2020
With limited, modest growth anticipated for the year ahead (2020), it encouraging that the Monetary Policy Committee saw fit to reduce the repo rate by 25bps in order to help kickstart the economy and foster increased confidence among consumers who are feeling the pressure of ever-rising costs.
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