Page 13 - KZN Business Sense 11.1

SIX GOOD REASONS WHY

2026 WILL BE GOOD FOR

PROPERTY

025 ended on a positive 3: A New Approach To Service bring more borrowers to the table.
note and, despite recent Delivery With income growth potentially
2super power spats over oil The upcoming local outpacing inflation in 2026, these
and other resources on other government elections could buyers will have greater long-term
continents, 2026 promises to be spark improvement in service purchasing power.
a positive one back home with delivery if only to attract
the residential property market votes. The performance of 6: The Return Of First-Time
set to continue to benefit from local municipalities influences Buyers
interest rate cuts, according to property values with those Greater affordability and
Tyson Properties’ founder and benefitting from good services further interest rate cuts, together
chief executive, Chris Tyson. commanding a premium. Hence, with a more positive overall
In the throes of rolling out it comes as no surprise that the economic outlook and lower
a brand renewal and tech Western Cape will continue inflation should encourage first
upgrade to coincide with this to lead the property market time buyers to enter the market.
property revival, Tyson shares recovery for 2026 with Gauteng Although the rental market is
Chris Tyson, CEO, Tyson Properties six reasons why 2026 will be and KwaZulu-Natal still playing expected to remain strong in
positive for all on the property catch up for most of the year. 2026, those sitting on the picket
ladder: fence are expected to make pro-
4: The Year When People investment choices this year.
1: Confidence Sells Return To Work Tyson admits that, while
Investor confidence is on the Although remote work is a some uncertainties remain –
up. Like its iconic rugby team, reality, particularly in the tech global trade wars and political
South Africa is resilient and space, the workforce is heading altercations, water shortages and
there is already rising demand back to the office. This will not potential currency fluctuations –
for housing on the back of only impact positively in the there are far more positives than
improved incomes. Better commercial property market negatives in 2026.
governance and fiscal policy, but also persuade employees to “It would be safe to say that,
together with the fact that move closer to their workspaces. for the property sector, we
South Africa has slipped from Convenience and safety will be are starting the year on a very
the FATF grey list and seen key growth drivers and demand positive note and expect to not
an S&P rating improvement, for sectional title estates will only see a more vibrant market
will raise the appetite for grow. Already equity values are but also one where developers
investment. exceeding those of freestanding
homes. look to return to the market in
2: Rates Are Attracting Interest key hubs like the Western Cape
5: A Growing Appetite For and the KZN North Coast,”
2026 ushers in a whole new he concludes. 
chapter in monetary policy. Lending
In the Medium-Term Budget Fuelled by lower interest rates www.tysonprop.co.za
Policy Statement, Finance and expectations of further cuts,
Minister Enoch Godongwana banks are on the lookout for
and the Reserve Bank set a 3% loan candidates. By year end,
inflation target that not only it was evident that home loan
promises lower household food applications are rising at the
and energy costs but also makes fastest pace since 2022. With
two further interest rate cuts expectations that House Price
likely – adding up to 50 basis Inflation will stabilise during
points in further relief for 2026. 2026, greater affordability should

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