property healthy

The interest rate hike in October has had little impact on the residential property market with the township market showing particular resilience, shows First National Bank's latest Property Barometer.

The interest rate hike in October has had little impact on the residential property market with the township market showing particular resilience, shows First National Bank's latest Property Barometer.

Factors influencing the positive sentiment towards the township market are affordability, high rates charges in suburban areas, upgrading of shops and better transport infrastructure.

" Growth is still prevalent in the middle-to-lower end of the market," said FNB, although industry players were worried about stock shortages. - Staff reporter

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