The 2024 Knight Frank Wealth Report is out and it reveals that luxury real estate prices climbed by 3.1% in 2023, with Cape Town properties ranking in the top five.
Savills’ Prime Residential World Cities Index lists the next four forecasted highest-growth markets.
An analysis of the average selling prices across the country by the Seeff Property Group this year reveals that nine of the most expensive suburbs are in Cape Town. Only Sandhurst from the Sandton/Joburg area makes it into the top ten.
The City of Cape Town has announced that it will be launching a homeownership ‘No Cost Transfer Programme’ to enable qualifying City-tenants to become owners of their rental units over the next three years.
The market for prime global residential property is expected to remain active as sentiment improves amidst the rollout of the Covid-19 vaccine across the globe.
From health to economics, 2020 saw the world turned upside down by the global pandemic, however ….
The Covid pandemic has changed the way we work and where we choose to live – many people are interested in working remotely from a home somewhere on SA’s long coastline.
One of the post-Covid trends could be that more people chose to live near the coast as thanks to remote working it is no longer a must to live close to the office.
Average house price growth in the Mother City may have dropped to its’ lowest level in a decade but it’s all part of the property cycle says experts. Cape Town remains ….
The recent release of the Cape Town 2018 general valuation roll that indicates an average house price growth of 34% over the last three years, has infuriated ….