Latest properties in Newlands, Pretoria

It’s no secret that market activity slows perceptibly from November, only picking up again once Christmas festivities are over, the school year has begun and everyone has returned to the grindstone, making this the best time for serious buyers to be shopping around.

Following another year of tepid economic growth, and with the latest round of load shedding further dampening the economy and expected to result in a Moody’s downgrade early next year, where does that leave South Africa’s residential property market?

Cape Town scooped the most property transactions in 2019, as well as the highest price paid for a residential property, in the country.