Breaking news: prices of houses in South Africa for sale are on the rise. Statistics of local and foreign buyers looking for property have shown an increase throughout 2012 and houses for sale by emigrants were at an all-time low of 3%.
Whether you’re interested in houses in South Africa for sale as an investment or for a home, the property expert with the most up to date information is a buyer’s consultant. South Africa’s top buyers’ consultancy is SAHomeBuyers. For your free non obligatory property consultation contact us by email here or telephone us on + (0) 78 233 1562 to find out more.
Houses in South Africa for Sale during 2012
A study recently conducted on South Africa’s property industry in 2012 showed a value of R4.9 trillion, of which about 70% was residential property. During the first three quarters of 2012, FNB’s House Price Index indicated general improvement over 2011. There was a slight slowing down in the last quarter but not enough to stall overall confidence in recovery. And FNB analysts predict a 2.5% positive nominal growth in prices of houses in South Africa for sale for 2013.
A Good Time to Buy Houses in South Africa for Sale
All of which supports the rationale that houses for sale in South Africa are a good investment. Plus the South African economy was not demolished by the global financial crisis. The country has a well capitalized banking system, far-sighted monetary and financial policies and a very progressive legal system on a par with any first world country.
At a time when the economies and property sectors of so many first world countries are in dire straits, eyes are turning to Africa. And South Africa is Africa’s biggest economy as well as its most politically stable. Property investors see the huge potential, and the country’s scenic beauty and sunny climate is attracting foreigners looking for a new home.
Get the Best Info about Houses in South Africa for Sale
One of the biggest decisions anybody makes is to buy property. Whether you’re local or foreign, you need to make sure you’re properly informed about the country and the area you’re interested in. Contact SAHomeBuyers for your free and non obligatory property consultation. Email us here or telephone us on + (0) 78 233 1562. We will give you up to date and comprehensive info about houses in South Africa for sale.