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Articles Relating To The Reeds
Pretoria, an excellent bet for first-time property buyers | Top global trends in upmarket estates Pretoria is arguably the best-priced metro for property buyers, with exceptional value, say agents. Meanwhile, the evolving trends in luxury residential estates are explained. East Rand market conditions tighten while Pretoria offers value for buyers While the most active price bands in Pretoria East are between R3 million and R5 million, buyers in higher price ranges are less sensitive to interest rates and are still willing to pay higher prices, whereas the East Rand has experienced an increase in sellers due to financial strain from higher interest rates. Millennials now comprise up to 40% of all property purchasers Millennials are increasingly heading to the property market, with this buyer demographic now comprising upwards of 30% to 42% of all property purchasers, especially in the main urban areas.
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