News Formal

Luxury homes flood the market

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Sverige Nyheter Nyheter

Wealthy South Africans are flooding the market with luxury properties that aren't selling, with property experts saying stock levels are the highest in 35 years.

While homes between R1m and R5m - with strong investment potential - are moving more quickly, homes with a price tag of more than R5m are taking on average a year to sell, agents say...

A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Market data — March 6 2020Market data including bonds, unit trusts and fuel prices
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: JSE has biggest drop in a week as coronavirus wreaks havoc globallyThe rand ends the week flat after a turbulent five days in which it reached 2016 lows
Källa: BDliveSA - 🏆 12. / 63 Läs mer »