According to recent Reuters poll economists predict that South Africa faces 45% chance of recession this year. Good news is that Elna Moolman, an economist at Macquarie, said last week’s growth data made her more convinced that the South African Reserve Bank will not hike interest rates at the next MPC meeting, due in July.
In Buyers & sellers markets explained we read that when buying or selling your home one should consider whether it's a buyer or sellers' market, and how it would affect the offers received on your house or how it will change things on the new holding you are wanting to obtain.
Should a seller sell their property before buying another, or buy the next one first, before selling the current one? “It’s the eternal question”, says Bruce Swain, MD of Leapfrog Property Group, “both options have their own advantages and risks, but all things considered I’d generally advise selling before purchasing another home”. Read more in Timing a Property Sale
With winter is upon us a great way to heat up your home is to add or restore an indoor fireplace. Craig Hutchison, CEO of Engel & Völkers Southern Africa, says that it is a good idea to take a moment to think about exactly what you are trying to achieve with your indoor fireplace. Read more in Home is where the fireplace is