Every edition provides an in-depth and unbiased analysis of real estate market trends, highlighting market movement and property value trends. This up-to-date, accurate index is unaffected by delays in reporting of registrations at the Deeds Office, allowing potential property buyers, investors and existing property owners to get all the information they need at a glance.
This month’s issue of the PGP Index highlights two fundamental shifts in the national residential market:
- The previously lagging KwaZulu-Natal housing market looks set to become the regional outperformer this year, amidst growing interest in the region’s lifestyle offering.
- Properties in the lower price band (under R1 million) have taken the lead, in large part due to the growing importance of first-time house buyers in the local residential market.
Finally, recent economic developments suggest that homeowners and investors look set to enjoy further real increases in the value of their residential properties in the year ahead.
View the Property Index Summer 2015