The shift back to the suburbs has been good for Cape Town’s residential sales and rentals markets according to the Seeff Property Group.
Home buying statistics indicate that putting down a deposit is becoming less of a priority to South African homebuyers – a trend that may be to their own detriment, says Buyers Trust, a subsidiary of home loan specialist Ooba Group.
Recent data from PayProp reveals which provinces owe the most money in rent.
Seeff Property Group says that people are increasingly choosing to relocate to smaller towns following the onset of the Covid pandemic, citing data from research group Lightstone.
While 2021 has been a great year for property, the story of the year is the significant uptick in the R20 million-plus sector and sales to foreign buyers which is at the highest level in over three years, says Samuel…
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