Semigration – where South Africans move between provinces - has overtaken emigration as a key driver for house sales in SA's largest metros, according to property data compiled by FNB.
Emigration-triggered property transactions, meanwhile, fell from around 18% of sales in 2019 to an average of 9% this year. Purchases of houses by foreigners have also dipped. While SA's weakening rand has made the country an attractive value proposition, sales have fallen to 3% of total volumes, lower than the long-term average of 4.2%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: mybroadband - 🏆 11. / 67 Lire la suite »