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Centre for Affordable Housing Finance in Africa

02 July 2019

English

Alison Tshangana

Report

Centre for Affordable Housing Finance in Africa

South Africa

Downloads

Website References

Finance

Housing finance

Human settlements

Markets

Property market

South Africa

Tenure

Cape Town Housing Market Report 2018

This report on the residential property market in the City of Cape Town, Western Cape, provides a detailed analysis of government-sponsored properties, freehold and sectional title homes, new and resale transactions, lending, and first-time homeowners.

With a total value of R1.009 billion in 2017, Cape Town’s property market is less affordable, with only 42% of all residential properties worth less than R600 000. Houses built through government’s housing programmes make up 23% of all residential properties, and 82% of all entry market of properties valued less than R300 000. While the number of new and resale transactions has been increasing at the upper end of the market, the number of entry market transactions has slowed. In 2017, there were 27 676 resale transactions in Cape Town, 5% less than the previous year.

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