In an overstocked market, price and value will be the overriding considerations for buyers
Tenants continue to feel the pinch of the pandemic, specifically in light of a predicted fourth wave.
The defining feature for the property sector is that capital behaves very differently in South Africa when compared to the rest of the world.
As a result of wanting low maintenance homes, most women buyers tend to buy new homes or homes in very good condition.
While the Industrial and Retail activity ratings have both improved post-lockdown, only the Industrial Sector has managed to recover to an activity rating above its pre-lockdown 1st quarter 2020 level.
The economy of the Cape Town CBD remained stable in 2020 despite Covid-19, with the official nominal value of all property set at R43.8 billion