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Urban housing market trends reflect a tale of two markets As economic conditions evolve, these trends will shape both the opportunities and challenges for buyers and sellers in the South African housing market.Safety comes first as single women homebuyers spend billions Women are an increasingly significant and powerful contingent of home buyers, and the market should take careful note of what they need and want, with security and safety being paramount – especially if they have children and elderly parents or grandparents in their care.Rental market picks up the slack as property sales declineWhile the property sales market declined notably during 2023 due to the spike in the interest rate, the rental market soared as many would-be buyers turned to rentals for more affordability and reduced risk.
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