Published on in “Business, Trade”, language — English. 44 pages.
Statistics SA figures report that building completions are at their highest level in nearly a decade, but at the same time people are holding on to their properties for twice as long as historically.“South Africa is into the longest business cycle downturn in the post-World War 2 era, the existing home market is well-supplied and price competitive, and new residential building affordability has deteriorated relative to existing home prices as well as relative to household incomes, according to o More