Joburg ready for housing recovery at last
The clever money is starting to cash in on the city’s value proposition, but Cape Town remains the country’s prime property hotspot — for now, anyway
22 May 2025 - 05:00
After nearly a decade of stagnation, the Joburg housing market is coming out of the doldrums. Latest industry data points to a long-awaited, albeit tentative, uplift in prices and sales volumes.
It’s true that housing activity has softened across South Africa since late 2021 due to higher-for-longer interest rates, with the Western Cape the only exception...
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