Millennials now comprise up to 40% of all property purchasers
11 May 2023
Millennials are increasingly heading to the property market according to agents from the Seeff Property Group. Data from Lightstone confirms that this buyer demographic now comprises upwards of 30% to 42% of all property purchasers, especially in the main urban areas.
Pretoria property offers value as it shifts to a buyer’s market
04 May 2023
According to Lightstone data, Pretoria achieved some 29,828 transfers worth over R38.7 billion during the 2022-year at an average selling price of R1.2 million. About 75% of all transactions fall below R1.5 million with only just under 6% of the market falling above R3 million.
Midstream Estate has a R200 million plan to cut up to 4 stages of loadshedding
14 Feb 2023
The sought-after Midstream Estate situated on the outskirts of Centurion has major plans to install a large battery bank to store energy from solar plants, Eskom, and, if required, a bank of generators to keep its residents' lights on during loadshedding.