ripe for a rebound?
Is property set for a post-election rebound?
Housing activity in many areas has hit a new low in recent months, but industry players are betting on a post-election recovery
Industry players are hoping for a post-election rebound in residential property sales and prices following SA’s worst housing slump since 2009.
Back then, the market crashed in the aftermath of the global financial crisis and subsequent recession. This time around, it seems political and economic uncertainty in the run-up to SA’s general election is to blame.