INSIDE YOUR POCKET – Where did South Africans buy houses in 2024?
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GUEST - Esteani Marx, Head of Real Estate at Lightstone.
We take a closer look at the South African property market in 2024 through key data insights. From the top-selling suburbs in the Western Cape to notable high-end sales in Gauteng and KwaZulu-Natal, we break down where the big money was spent, with Bishopscourt, Clifton, and Bantry Bay leading the pack.
Discover trends in property types, with freehold properties making up over half of all transactions, and how younger first-time buyers (ages 30-45) are outpacing repeat buyers. We also explore the overall stability of residential sales, with more than 50,000 new units hitting the market, as well as the growth in non-residential transactions, which surpassed 2023 levels.
We take a closer look at the South African property market in 2024 through key data insights. From the top-selling suburbs in the Western Cape to notable high-end sales in Gauteng and KwaZulu-Natal, we break down where the big money was spent, with Bishopscourt, Clifton, and Bantry Bay leading the pack.
Discover trends in property types, with freehold properties making up over half of all transactions, and how younger first-time buyers (ages 30-45) are outpacing repeat buyers. We also explore the overall stability of residential sales, with more than 50,000 new units hitting the market, as well as the growth in non-residential transactions, which surpassed 2023 levels.