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Posts Tagged: IEASA

Interest Rates Cut by 0.5% in Mar 2010

The decision by the South African Reserve Bank Governor, Gill Marcus, to cut interest rates by 0.5% was a surprise welcomed by most property experts. The prime interest rate will move from 10.5% to 10%. The last time the prime interest rate was at 10% was in 1981, and some economists are predicting another small [...]

 
Estate Agents earn less than R13k/pm

A survey completed by the Institute of Estate Agents of South Africa (IEASA) has revealed a number of interesting facts about estate agents and the local property market, which has under gone a few changes recently. Over the past five years the number on registered black estate agents in South Africa has more than doubled. [...]