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The Val de Vie Foundation, a non-profit organisation that supports people in under-resourced communities in the Paarl-Franschhoek Valley, is collaborating with multiple stakeholders in a response to the impact of the COVID-19 pandemic.

For several years, the robust Winelands market and estate development in the area were notably buoyed by upcountry buyers looking to relocate, but those sales have slowed considerably since 2017 and, although estate homes are still popular, buyer demographics have changed.

Until there is greater clarity on the prospects of a recovery in the local economy, the housing market, which remains resilient but is currently weighted in favour of buyers, is unlikely to enter another fully-fledged recovery.