
ITS MY HOUSE: Residential Property Barometer and Estate Agents Survey results.
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The risk of a less transitory rise in inflation and higher inflation expectations has driven more aggressive policy tightening in advanced markets and should result in the SARB further front-loading interest rate hikes. We now expect interest rates to peak at 6.75% by the end of 2022, slightly above the pre-pandemic level of 6.5%. We pencil in a moderate interest rate cut in 1H24.

