Rode & Associates

State of the property market in quarter 2 of 2023

Lynette Smit
24.07.23 10:53 AM Comment(s)

The following are significant findings or conclusions made in this issue of Rode’s Report:

  • Office rentals remain low due to huge oversupply
  • Office vacancies decline further, but remain elevated 
  • Industrial stand-value growth slows
  • Gauteng home-buying activity takes a dive
  • New-flat supply falls sharply
  • Listed property prices continue to disappoint

Lynette Smit

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