South Africa’s major property groups remain cautiously optimistic about growth prospects in the year ahead, citing interest rate cuts in 2025, subdued inflation and improving economic fundamentals as key drivers of renewed activity in the housing market.
Dr Andrew Golding, chief executive of Pam Golding Property Group, said a series of interest rate reductions, together with easing price pressures and significant fuel price cuts through 2025 and early 2026, had meaningfully improved household finances and bolstered activity across the national housing market.
“Notably, there was a discernible strengthening in national sales activity both in terms of volume and, more particularly, value during the second half of last year," he said.
While acknowledging the uncertainty inherent in forecasting, Golding said the outlook for 2026 appeared constructive. He expects the pace of…