In a recent article by Dr Andrew Golding, it is evident that Cape Town’s property market outperforms the rest of South Africa.

saCape Town’s coastline and mountains act as a major constraint on the city’s ability to expand, which goes some way towards explaining the out performance of the Cape housing market.

The Western Cape is the ‘hottest’ regional housing market, registering double digit increases of 10.65% in prices in Q4 of 2015 (most recent data available), for the second consecutive quarter and a continuation of a sustained period of out-performance which began in early-2013.

Another factor which appears to be contributing to the Western Cape housing market’s relative outperformance is the net in-migration of homeowners from other provinces, the property company said.

Read the whole article from Businesstech here

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by Dirk Meissner

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