Buyers' market in 2023 as house price inflation likely to be below inflation
Category Market News
2023 will see House price inflation (HPI) in South Africa's residential property market shaped by local and global challenges - but mostly will feel the pain of the country's stagnating economy and grow less than inflation.
Paul-Roux De Kock, Chief Analytics Officer at Lightstone says Lightstone's three scenarios suggest HPI in South Africa's residential property market will likely come in between 0.9% to 3.7%.
Take a look at Lightstone's low, mid and high forecasted scenarios for 2023.
Author: Lightstone
