Chairperson’s Welcome
Dear Members, Stakeholders, Practitioners, and Industry Affiliates,
As we await the election results which are expected this Sunday, 2 June, we cannot help but wonder what impact our votes will have on the property market. It is safe to say that it has been a difficult year thus far, with a record-high, albeit stable repo rate, slow economic growth, and of course election uncertainty.
In this communique we share the latest predictions on the next MPC repo rate decision due on 30th May, as well as opinion pieces by Greg Dart, Director of High Street Auctions, and Renier Kriek, Managing Director of Sentinel Homes, in which they share their forecasts for the property market, post elections.