
Mixed fortunes for Johannesburg’s Residential Property Market: A Six Year Overview
Johannesburg's residential property market has experienced mixed fortunes over the past six years

Johannesburg's residential property market has experienced mixed fortunes over the past six years

South African consumers are feeling upbeat with their confidence in the future of residential property climbing to 87% in the final quarter of 2024 - the highest level recorded in a decade with the dominance of first-time buyers in the market relative to other segments an ongoing trend

The FNB House Price Index rose to 1.2% y/y in January, reflecting a gradual recovery in the housing market

TPN Credit Bureau's latest Vacancy Survey Report reveals that rental vacancies decreased to 5.07% in Q3 2024, down from 6.72% in Q2

FNB/BER Building Confidence Index holds at 40 in Q4 2024, with main contractors seeing growth despite challenges and mixed sector outlook.

South Africa's residential property investment is cooling, with declining investor activity, especially in non-metro areas, but opportunities remain in metro markets.






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