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Rate cut a further boost for market sentiment – Andrew Golding

By Janice Roberts at New Media
28 March 2018 • 1 min read

 

Dr Andrew Golding

Today’s (28 March 2018) announcement of an interest rate cut of 25bps, coupled with Moody’s decision to not only leave South Africa’s credit rating unchanged at one notch above junk status, but to also upgrade the outlook from negative to stable, are positive factors which should provide welcome stimulus for the residential property market, says Dr Andrew Golding, CE of the Pam Golding Property group.

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