Jabulile Lefu

The South African property market is entering a new chapter, characterized by cautious optimism and subtle shifts in activity. Despite encouraging signs of renewed interest, house prices remain relatively stagnant, leaving buyers, sellers, and industry professionals wondering: What’s next for the property market?

Are you thinking of selling your home during the December holidays? While the festive season brings unique challenges—like buyers being on vacation or companies closing—you can still turn this into an opportunity. With careful planning and the right strategies, you can attract motivated buyers looking to close before the new year.

The South African housing market is showing some promising signs of recovery, but it's not quite smooth sailing just yet. According to the latest FNB House Price Index (HPI), house price growth remains slow, clocking in at just 0.9% in December. That’s slightly down from 1.0% in November, bringing the annual average to 0.8%—a dip from the 1.5% recorded in 2023. While this may seem underwhelming, it’s in line with expert predictions.