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.
The increase in loadshedding stages for longer periods has caused many buyers to add ‘load-shedding friendly’ to their property wish list. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett says that upgrading some features in the home could minimise frustrations and add resale value to the property.