What’s behind SA’s housing boom?

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Despite higher interest rates and surging fuel and food prices, housing activity remains surprisingly resilient — for now at least.

As counterintuitive as it may seem, there has been a resurgence in housing activity in recent months.

The general expectation among industry players was that rapidly rising interest rates and living costs would bring an abrupt end to SA’s two-year housing upswing. This hasn’t happened yet ...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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