Property Market Needs Bold Rate Cuts — Now More Than Ever
By Thomas Potgieter – Director, TIRO Realty
The South African property market is holding its breath.
With inflation tapering off and interest rates remaining high, industry leaders are calling on the South African Reserve Bank (SARB) to act boldly: it’s time to cut rates, and cut them meaningfully. A modest, cautious approach simply won’t be enough to unlock the growth our economy and housing sector desperately need.
Affordability Is the Barrier — and the Opportunity
As a boutique real estate brand active in high-demand nodes across Pretoria East, Midstream, and beyond, we at TIRO Realty have witnessed a growing pool of willing but hesitant buyers. These aren’t luxury browsers—they’re genuine families, professionals, and investors who are ready to move, but currently priced out by the cost of capital.
A reduction of even 100 basis points could instantly reignite affordability and allow thousands of buyers to re-enter the market. From first-time buyers to seasoned upgraders, interest rates are a make-or-break factor in purchasing decisions.
A Market Ready to Respond
Demand hasn’t disappeared — it’s merely delayed. From our side, activity on listings and buyer enquiries remains strong, but the conversion window has narrowed. Why? Because bond repayments are simply too high for the average household to qualify or to commit confidently.
A bold rate cut would not just stimulate sales, but energise the entire property ecosystem: agents, developers, conveyancers, builders, and home service businesses all benefit from a healthy transaction pipeline.
Beyond Property: A National Economic Lever
This isn’t just about real estate. Property is one of the most powerful levers in the South African economy. A vibrant housing market drives job creation, spurs investment, and builds wealth in the hands of everyday South Africans.
Now is not the time for hesitation. The Reserve Bank must show leadership and deliver a meaningful cut—one that signals confidence in recovery and gives households breathing room again.
Our View at TIRO Realty
At TIRO Realty, we’re optimistic—but we know what’s holding buyers back. The moment financial pressure eases, we expect to see a significant uptick in activity. The listings are ready. The buyers are watching. All that’s needed is the right environment to move forward.
It’s time for bold action. The property market—and the country—needs it.
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