Category Market Update
While the Southern Suburbs and Constantiaberg property market is "booming", we expect the market to pick up further as we head into the summer months.
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Property market buoyancy remains resilient despite tough economy
Category Market Update
While the economy is under enormous pressure, the aggressive interest rate cuts this year, has been an excellent boost for the property market.
Property market surprises on the upside despite Covid-challenges
Category Market Update
Although a level of pent-up demand was expected coming out of the Covid-19 Lockdown, the market has surprised on the upside & has been buoyant across many areas
Lockdown shows estate agents drive property sales despite dramatic tech advances
Category Market Update
A key aspect highlighted by the Lockdown has been that despite the advances and use of technology, it is still estate agents who drive property sales.
Opportunities for buyers and sellers as market rebounds on pent-up demand
Category Market Update
We are delighted that there has been a notable uptick in buyer activity over the last few weeks.
Sales continue, but impact of Lockdown on property market yet to be realised
Category Market Update
According to the FNB Property Barometer, the Lockdown and closure of the Deeds Offices resulted in sales volumes plummeting by about 60% year-on-year for April.
Good news amidst difficult times - interest rates cuts make purchasing more affordable than ever!
Category Market Update
Almost 17% cheaper to pay off a bond now than in January 2020 (Source OOBA)
Property market improves, but still largely buyers who control the market
Category Market Update
Despite the economic and policy challenges, it is expected that the property market should improve this year, albeit slowly.
Sales Review: July - December 2019
Category Market Update
PropStats data for Bishopscourt and Village, Claremont and Kenilworth Upper, Trovato Estate and Kenilworth
Good news! Interest rate cut as we kick off 2020 on a more positive note
Category Market Update
The interest rate has been cut by 25 basis points to 9.75% and the possibility exists of at least one further interest rate cut.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Southern Suburbs website is accurate and up to date, Seeff Southern Suburbs makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
