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Local buyers drawn to CT WelgemoedWith a wide variety of homes to suit all tastes and pockets, the Welgemoed area in Cape Town's Northern Suburbs continues to offer enormous appeal to buyers across the middle and top end price ranges.CT northern suburbs' demand strongIn the current climate of rising interest rates and stricter controls on credit, there is more demand than ever for affordably-priced housing – and Cape Town's Northern Suburbs continue to deliver, resulting in ongoing demand across all price ranges.Luxury property market: What sets it apart is more than price What sets the luxury market apart is its independence from broader economic trends and understanding what drives this market requires looking beyond the numbers to the intangibles that define true luxury.