Have you been thinking about buying a home or possible investing in another property? Now is a great time to make your move! With favourable intrest rates and strong opportunities in the property market, buyers are in a good position to secure great value. Whether you are buying your first home, upgrading to something bigger or investing in more property, the current conditions make it an ideal time to take the next step.
One of the biggest reasons is interest rates. As of August 2025, South Africa's interest rate is more favourable to buyers than it had been in a while. The South African Reserve Bank recently lowered the repo rate to 7.00%, bringing the prime lending rate down to approximately 10.50%. This decision, announced at the end of July, reflects growing confidence in the country's economic direction and a renewed commitment to affordability.
South African Reserve Bank Governor Lesetja Kganyago explained that the central bank is now aiming to create a more robust and stable financial environment. For homebuyers, this is encouraging news. It means lower borrowing costs and more room to manoeuvre financially when buying property.
So, what does this mean for your wallet? Simply put, lower interest rates mean lower monthly repayments on your bond. You could potentially save thousands of rand every year, which doesn't just give you breathing room but can also help you qualify for a higher loan, shorten your repayment period, or allow you to consider homes that may have been previously out of reach.
The broader economic outlook also supports this timing. While growth remains steady, intrest rates are predicted to drop even further. Many financial experts anticipate more rate cuts in the coming months, making this the best time to enter the market before prices and demand begin to climb. At Paul Matthews Real Estate we have been watching these trends so whether you are a first-time buyer, an investor looking to expand your portfolio, or a growing family ready to upgrade, the timing had never been better.
As a local, family run business we also understand that buying a property isn't just about numbers - it's about people, plans and peace of mind. That's why our agents are here to help you at every step of the process, from affordability assessments and bond applications to finding the perfect home for your lifestyle. Our agents are friendly, knowledgeable and always happy to help!
So, if you have been looking for a sign, this is it! Contact us today or drop past our Gordon's Bay office, we are dedicated to helping you make the right move, right now!