From the category archives:

South Africa real estate

Plettenberg Bay in New York Times Great Home and Destination

December 16, 2009

Plettenberg Bay got featured in the New York Times; read the article here.
The NYT also supports the statement that prices are bottoming out:
Now Ms. Uys believes the market has hit bottom. “We’ve had a couple of months with good sales coming through,” she added.
Wealthier areas along the Atlantic seaboard near Cape Town have stayed relatively [...]

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South Africa’s home prices slowly rising again, slowly

December 14, 2009

We already reported on the FNB housing price index which for the first time showed a slow year on year rise.  Now Data from Global Property Guide also reports that during the period July – September the average house price in South Africa rose by 0,55% compared to the second quarter.
Slowly speculative buyers can get [...]

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