Finance · South Africa
South Africa Property Market Forecast and What It Means for Buyers
Moneyweb · 2026/01/20
Summary
South Africa's property market is expected to face changes by 2026, according to Gavin Lomberg, CEO of ooba Home Loans. The market conditions will likely be influenced by economic factors such as interest rates, inflation, and the country’s overall economic growth. Homebuyers may experience shifts in mortgage availability and loan costs, making it important to plan carefully. Lomberg suggests that while challenges remain, such as affordability issues and fluctuating demand, there could be opportunities for buyers and sellers who stay informed and adapt to the market trends. The property market might slow down compared to previous years, but certain areas may still see growth depending on economic recovery and urban development. Keeping an eye on government policies and infrastructure projects will also be crucial as these can impact property values and investment potential.
OnABudget takeaway: For consumers and small business owners, understanding the changing property market can help with budgeting for home purchases or investments. Staying informed about interest rates and loan options will be key to making smart financial decisions in the coming years.