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Rising interest rates cool down property sales
Market & Opinion
Rising interest rates cool down property sales
18 Jul 2023
The series of interest rate increases have finally begun to affect the local housing market visibly.
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No slow-down in semigration to the Cape despite higher interest rates
Market & Opinion
No slow-down in semigration to the Cape despite higher interest rates
13 Jul 2023
The demand from semigration buyers for property across the Cape continues at pace and it is unlikely that semigration to the Cape will lose steam, says Samuel Seeff, chairman of the Seeff Property Group. It may slow down, but only due to buyers being hamstrung by an inability to sell their houses elsewhere in the country.
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Millennials now comprise up to 40% of all property purchasers
Market & Opinion
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.
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Ten of the best family neighbourhoods to rent for R20k per month
Market & Opinion
Ten of the best family neighbourhoods to rent for R20k per month
07 Oct 2022
The rental rate for a family house in a middle-class suburb is now around R14,000 to R28,000 per month with the average at around R20,000, according to the Seeff Property Group.
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