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Will this hook more foreign home buyers?

20 September 2024

will this hook more foreign home buyers

Despite attractive exchange rates, foreign participation has been relatively muted in recent years, largely due to declining sentiment towards South Africa (SA). However, the recent formation of the Government of National Unity (GNU) has led to a surge in optimism. Could this positive sentiment, combined with favourable exchange rates, attract foreign buyers and expatriates back to the domestic market? This report provides an update on the level of foreign participation in the domestic market, using findings from the FNB Estate Agents Survey.

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Jansie Blom

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