# BetterBond has revealed that South Africa’s residential property market is showing signs of recovery, supported by lower interest rates and easing deposit requirements. The April BetterBond Home Loan Index has risen 21.8-percent since late 2023, reflecting stronger home-buying activity. Experts say improving bank performance, modest economic growth and rising real incomes are boosting confidence. However, geopolitical tensions and fuel price pressures remain a risk to further rate cuts. First-time buyer deposits have fallen significantly, helping improve access to home ownership.
Property market shows recovery as deposits ease and buyer demand rises