Repo cut boosts demand in both the Western and Eastern Cape
We chat to industry expert, Paul Mavro, from Nedbank about property trends in the Western and Eastern Cape.
We chat to industry expert, Paul Mavro, from Nedbank about property trends in the Western and Eastern Cape.
The latest BetterBond Property Brief shows there’s some good news for property in the Eastern Cape, and a marginal increase of the average bond value.
Move over Western Cape as ooba Homeloan data shows Mpumalanga, the Eastern Cape and Gauteng South and East are enjoying their moment in the sun.
Despite persistent difficulties with service delivery and serious water shortages the Eastern Cape now prevails as the top contender, in terms of property price growth, among the major regions in South Africa’s residential property market.
The Eastern Cape may well be South Africa’s most desirable place to live, especially for women wanting to buy their first home and former tenants who can now afford to pay a bond.