Should you be Investing in property in 2016 – Looking ahead to the coming year

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During 2015 the South African residential property market continued to see improvement, with consumers still placing a high value on homeownership. This is despite the fact that consumers experienced increases in electricity tariffs and interest rate hikes. While there were many prospective buyers who struggled to meet deposit requirements during 2015, those with access to finance were ready to embark on their journey towards homeownership and get into market as soon as possible. That said, access to finance will continue to be tough for consumers in 2016.

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