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Market & Opinion
Small town property sales boom as people leave the city
06 May 2022
Lightstone data shows that about 20% fewer people are now moving from cities to cities with more choosing to relocate to smaller towns, especially since the onset of the pandemic. According to the Seeff Property Group, more people are also purchasing second homes in small towns.
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Industry
Money laundering risks on the rise in real estate
05 May 2022
Property practitioners in South Africa have been identified as potentially vulnerable to money-laundering and terrorist financing (TF) activities. This was revealed by the FIC (Financial Intelligence Centre) in their recent Assessment of the inherent money-laundering and terrorist financing risks impacting the real estate sector report.
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Market & Opinion
Value-for-money sees an influx of home buyers in East London
20 Apr 2022
With activity continuing to rebound over the past year, East London’s housing market is experiencing an influx of families, young professionals, and first-time buyers, says Sean Coetzee, area principal for Pam Golding Properties.
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Market & Opinion
Migration trends continue to shift the residential market
10 Feb 2022
Local and international migration have undoubtedly been driving forces in the South African property market during the past decade and their recent resurgence after travel and lockdown restrictions were eased have come as no surprise.
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