Herschel Jawitz, CEO Jawitz Properties, comments on the Monetary Policy Committee (MPC) announcement, this last week of July 2025.
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Jawitz says: “The latest inflation numbers for June continue to support the possibility of a further interest rate cut by the Reserve Bank this week. While upside risks remain, fuel prices are projected to fall marginally in August, and inflation is still sitting at the lower end of the target range.”
“The residential property market has started to benefit from the cumulative one percent drop in interest rates since last year, with overall buyer demand improving across all price levels, including among first-time buyers.””
“With the increase in demand, we are starting to see the first signs of a rebalancing between supply and demand, which in the medium to long term is positive for property prices.”
“In addition, a further rate cut would help to improve consumer confidence which bounced back from a three year low of -20 to a less pessimistic -10.”
Read more about Herschel Jawitz here.
