Data Signals Imminent Market Turnaround with Surprise Gen Z Buyers
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GUEST – Gavin Lomberg, CEO of ooba Home Loans
The Quarter 2 2024 (Q2 ‘24) statistics released by South Africa’s foremost home loan comparison service, ooba Home Loans, reveal that the residential property sector is now poised for a steady recovery, with some of the most interesting developments taking place amongst homebuyers aged 18 -25.
“The imminent rate cuts as well as the political stability and expected market friendly economic environment linked to the establishment of the Government of National Unity (GNU) will lend momentum to the recovery in the coming months,” explains Gavin Lomberg, CEO of ooba Home Loans
The Quarter 2 2024 (Q2 ‘24) statistics released by South Africa’s foremost home loan comparison service, ooba Home Loans, reveal that the residential property sector is now poised for a steady recovery, with some of the most interesting developments taking place amongst homebuyers aged 18 -25.
“The imminent rate cuts as well as the political stability and expected market friendly economic environment linked to the establishment of the Government of National Unity (GNU) will lend momentum to the recovery in the coming months,” explains Gavin Lomberg, CEO of ooba Home Loans