Investec's video: Everything Counts Episode 7: Is property still a good investment in SA

The rise in inflation globally has forced many central banks in leading economies to increase interest rates. Locally, the South African Reserve Bank has raised rates to 15-year highs since it began tightening policy in November 2021. As market dynamics shift and economic uncertainties loom, this week’s insightful episode explores whether property is still a good investment. Motheo Khoaripe hosts Keshnie July, lending product owner at Investec, Hayley Ivins-Downes, Managing Executive for Real Estate at Lightstone Property, and Tsholofelo Mokoma, property practitioner at RE/MAX Horizon, to provide listeners with a comprehensive analysis of the current property landscape. They discuss the factors influencing property values, the impact of interest rates, and whether property still holds its place as a cornerstone of wealth-building strategies. This podcast is ideal for individuals interested in property investment, whether they are first-time buyers, experienced investors, or simply looking for expert opinions on the current property market. It caters to those who want to understand the impact of rising interest rates, market conditions, and regional trends on property investment decisions. Key moments: 00:00 Introduction 01:45 Is property still a good investment today? 03:47 Property price index 05:53 What to consider when purchasing a property? 07:09 Property investment landscape in South Africa by region 09:20 What are South Africans looking for in neighbourhoods to buy in? 10:26 How do interest rates impact property investment decisions? 12:03 Property trends in South Africa 2024 16:12 Rental vs purchase Everything Counts is a bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help you improve your financial well-being. YOU MAY ALSO BE INTERESTED IN: Investec Private Home Loan No two individuals are the same. That’s why Investec will structure your home loan according to your needs and you'll benefit from market-leading interest rates. From application to approval and registration, your Private Banker will help you every step of the way. To find out more about the Investec Private Home Loan, visit our website and if you’re an Investec client, get in touch with your Private Banker. Investec Bank Limited is a licensed FSP. Terms and conditions apply. Investec Focus Radio (https://link.investec.com/nzfoor) · Investec Private Home Loan (https://link.investec.com/z8y8ts) · Full article (https://link.investec.com/gvxmvo)