Latest properties in Wellington

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.

A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off, precipitating a number of significant market shifts.

Savvy property buyers in South Africa have taken to acquiring a home or commercial property through online auctions with great alacrity, says MC du Toit, CEO, Auctions & Sales for BidX1 South Africa.