Semigration pushes up house prices in coastal areas

Exodus from Gauteng behind surge in demand for real estate in the Cape

29 December 2023 - 00:03

The rise in “semigration” from Gauteng to the coastal areas is causing a shortage of residential units in parts of the Western Cape, according to real estate firms. They are also expecting a drop in interest rates to boost activity in the residential property market next year...

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