Average age of homebuyers continues to decline, with first-time buyers now entering the market at 38 and property invest
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GUEST – Tshepo Mashashane, Head: Strategy and Partnerships, Absa Home Loans
Overall homeowner sentiment declined slightly by 2 percentage points to 85% in Q1 2025, down from 87% in Q4 2024. The dip reflects growing uncertainty around U.S. policy direction and the South African Reserve Bank’s decision not to implement a widely anticipated rate cut in March. Despite this, the current reading remains the second-highest since the Index’s inception a decade ago.
Overall homeowner sentiment declined slightly by 2 percentage points to 85% in Q1 2025, down from 87% in Q4 2024. The dip reflects growing uncertainty around U.S. policy direction and the South African Reserve Bank’s decision not to implement a widely anticipated rate cut in March. Despite this, the current reading remains the second-highest since the Index’s inception a decade ago.
