WATCH: SA listed property sector on track for recovery

Business Day TV talks to Stanlib property analyst Ahmed Motara

January 29, 2024 at 8:36 pm

According to Absa, consumer confidence in the residential property market remained stable in the second quarter of 2024, with many homeowners believing this was an appropriate time to sell. Picture: 123RF

SA’s property sector appears to be staging a recovery. The listed property index has gained 2.4% in the year-to-date, and with the prospect of interest rate cuts this year analysts are expecting more gains in 2024. Business Day TV assessed the health of the property industry with Stanlib property analyst Ahmed Motara.

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