Home buyers and property investors may want to check out Elsie’s River and Delft as deeds data research shows these Cape Town areas are showing good growth. Blouberg‚ Milnerton and Melkbos are also "hot" for house-price returns. This comes as slowing growth has taken place in seven of the 12 regions of the city in the second quarter of 2017‚ the latest FNB Property Barometer report shows. John Loos‚ the bank’s household and property sector strategist‚ commented: "In a relative boom period‚ one can often see the higher-priced sub-regions leading the cycle‚ but as their affordability becomes a mounting challenge‚ the search for relative affordability can turn a portion of housing demand in the direction of more affordable sub-regions ... It is possible that this is what we have begun to see in Cape Town’s major ‘affordable’ regions‚ such as the Cape Flats and the Elsie’s River-Blue Downs-Macassar regions." The Cape Flats year-on-year house-price growth had accelerated for five consecu...
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