Your #1 choice for renting property in South Africa

The impact of the national lockdown has reached all sectors of the economy, resulting in reduced household income levels and higher unemployment. This has left many tenants in uncomfortable situations where they are unable to afford their monthly rental repayments.

It seems that the COVID-19 hard lockdown in April and May applied only a temporary brake to rising property sales in both the northern and southern suburbs of Johannesburg, where the Chas Everitt International teams in Hyde Park, Sandton, Randburg, Glenvista and New Developments have sold more than R500m worth of property in the past three months.

As the COVID-19 pandemic sent much of the world into lockdown, significantly negatively impacting the world economy, global real estate activity slowed dramatically. Now the majority of countries around the world are loosening restrictions, with many people returning to the workplace. But how have property markets responded?