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Remax

Latest news & developments

Instead of a car loan, choose a home loan

With public transport being as unreliable as it is, many South Africans choose to purchase their own vehicle. Rather than opting for an affordable option, many choose to take on vehicle finance to afford the purchase. As one of the most…

‘A missed opportunity for greater property price appreciation’

The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. According to Adrian Goslett, regional director and CEO of RE/MAX of Southern…

Interest rates drop to a record low as lockdown continues

Following a record-breaking streak of interest rates cuts in January, March and April, the Monetary Policy Committee (MPC) again announced some further relief for South Africans today by lowering the interest rate by 50 basis points. The…

“Housing sales drop as a direct result of lockdown”

After over a month in lockdown, the economic impact of Covid-19 is no longer speculation at this point, but rather proven fact, says Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa. “Even the largest player in the…

“How the economy will collapse if real estate services cannot operate”

After hearing confirmation that the real estate industry will not be reclassified to operate under level 4 of lockdown restrictions, the real estate industry has joined forces to implore government to reconsider the decision. So says a…