Property Ownership

low interest rates and pandemic driven lifestyle trends continue to boost housing demand

Low interest rates and pandemic-driven lifestyle trends continue to boost housing demand

Low Interest Rates First quarter oobarometer statistics released by ooba, South Africa’s foremost home loan comparison service, show continued robust growth in the residential property sector despite a year dominated by the Covid-19 pandemic and the ensuing economic fallout.According to the oobarometer, the Average Purchase Price increased by 13.8% for the first quarter of 2021 (Q1 21) compared to...

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