💨 Abstract
The South African property market is showing renewed stability with an average 2.8% increase in house prices over the past 12 months. Seven out of nine provinces have seen growth, with the Western Cape leading with the highest average house price at R2.1 million. The influx of digital nomads in Cape Town has caused concerns over rising rental prices and housing shortages. BetterBond's findings suggest cautious optimism for the property sector.
Courtesy: www.thesouthafrican.com
Summarized by Einstein Beta 🤖
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