South Africa: Brexit: Possible SA interest rate hike on the cards?

Realopedia Global Real Estate Portal

The fundamentals of the property industry in South Africa will not change due to Brexit, given that we have an insignificant exposure to UK property buyers or sellers.

However, the current dynamics of the property industry in South Africa may change due to the possible effect that a weakened local currency may have on the cost of financing home purchases.

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Source : South Africa: Brexit: Possible SA interest rate hike on the cards?