Latest real estate news in Newlands, Cape Town view all news in Newlands
Market & Opinion
Suburbia is booming, increase in R3m to R4m family house sales
18 May 2021
While the market for family houses below R1,8 million has been booming since mid-2020, we have also seen a marked increase in sales of suburban houses in the R3 million to R4 million price band, says the Seeff Property Group.
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Market & Opinion
Rental demand shifts to suburbs and other trends as life adjusts to the Pandemic
02 Mar 2021
Just like home buyers, tenants are saying that if they have to be largely confined to their homes and work from home, they prefer a house with views of the garden, mountain or ocean. While bigger apartments with space to work from home are sought, demand remains under pressure for holiday apartments.
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Market & Opinion
First-time buyers are loving these suburbs
04 Jan 2021
Data analytics company, Lightstone, recently published a new report that has revealed that first-time buyers are entering the market in the R700k to R1,5m valuation bands as opposed to less expensive valuation bands - and they have favourite suburbs.
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Market & Opinion
First-time buyers flock as Cape Town market becomes increasingly accessible
30 Nov 2020
In recent years, first-time buyers have been increasingly excluded from the Cape Town market as double-digit growth saw prices skyrocket and property in many areas become inaccessible, especially to younger buyers, but a bullish buyer’s market and record low-interest rates have precipitated a notable shift.
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