
IT'S MY HOUSE: Value trumps volume as the SA property market continues to grow.
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Johannesburg, South Africa - August 2022: Total residential property transfers were on track to match or exceed 2021 after the drop in sales caused by Covid-19 in 2020.
However, she said the total purchase price soared to R156b in 2022, well up on the R69b recorded in 2020 and the R112b in 2019.
The data suggests the property market was continuing its recovery from Covid-19 and showing signs of growth – despite both local and global economic and political challenges.
However, she said the total purchase price soared to R156b in 2022, well up on the R69b recorded in 2020 and the R112b in 2019.
The data suggests the property market was continuing its recovery from Covid-19 and showing signs of growth – despite both local and global economic and political challenges.

