Optimism in SA means continued growth in Western Cape property market
2018 was not off to the best start for South Africans. Tough economic conditions, the prospect of continued drought, an impending Day Zero in Cape Town, stagnating property prices and political uncertainty meant we did not have much to look forward to. That was until the announcement of Cyril Ramaphosa being elected president of the Republic of South Africa. This moment sent a slight jilt of optimism through the entire country which was immediately reflected in renewed consumer confidence and was evident in key economic indicators. Even Day Zero was shifted a little further to mid 2018.
We share in this positive sentiment and look forward to tackling the year ahead with all our clients in the property industry.
If you are considering selling or purchasing property or would like an up to date market related valuation please contact us. We look forward to assisting you with all your property needs.
Author: Andre Kritzinger