Home­buy­ing ac­tiv­ity lo w de­spite s ame in­ter­est r ates

Weekend Witness - - Money - ED­WARD WE ST

THE slow­down in res­i­den­tial prop­erty mar­ket ac­tiv­ity is con­tin­u­ing even though in­ter­est rates were kept un­changed by the Re­serve Bank las t week.

“We do not … ex­pect the sta­sis in in­ter­est rates t o alt er the slo wdown in r es­i­den­tial prop­erty mar­ket ac­tiv­ity that has been atking place since the 25 per­cent­age point in­ter­est rate in­creases that were an­nounced in July,” said B et­terBond CEO Shaun R ade­meyer.

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