With more people relocating to the coast, demand in the Mother City has sent prices soaring

The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception

The volume of new mortgage applications reached multi-year highs amid record low interest rates

The housing market will start recovering gradually in the second half of this year, Absa’s latest House Price Index released on Wednesday showed.

The next Monetary Policy Committee meeting will hopefully see some extra relief afforded to consumers in terms of a further drop in the repo rate.