House prices continue to rise and listing times drop as ongoing semigration fuels the market in Cape Town's Southern Suburbs
04 Dec 2023
Since the revival of semigration in 2021, the surge in market activity in the Southern Suburbs has continued unabated with the steady rise in demand leading to a drop in the time properties are spending on the market as well as a declining gap between asking and selling price.
There will be two main keys to the anticipated revival of the South African real estate market next year, the first of which is a drop in the repo rate leading to lower mortgage rates, says Berry Everitt, CEO of the Chas Everitt International property group.
Savvy investors should consider Johannesburg's commercial property environment
22 Nov 2023
As South Africa’s economic powerhouse, Johannesburg has been a focal point for dynamic shifts in the commercial real estate landscape in recent years with noteworthy new trends reflecting both the resilience and adaptability of this sector whilst presenting savvy investors with exciting opportunities.