/ 8 November 2022

SA housing market to fall off a hill, not a cliff

Up market: The price of residential property is expected to increase by between 7% and 9% this year. Oupa Nkosi, M&G
Higher lending rates and weaker economic outlooks will inevitably temper once spirited housing markets, with signs of cooling already in evidence.. (Oupa Nkos)

The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception

This content is restricted to subscribers only.


Join the M&G Community


Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.

Subscription enables:

  • - M&G community membership
  • - independent journalism
  • - access to all premium articles & features
  • - a digital version of the weekly newspaper
  • - invites to subscriber-only events
  • - the opportunity to test new online features first

Already a subscriber?
.