Cape Town - The Cape property market continues to define and set the bar ever higher according to Seeff chair Samuel Seeff.
For the second consecutive year, the Cape metropolitan property market exceeded that of Johannesburg both in transaction volume and value terms as demand outweighs supply.
With around 11 487 property transactions worth about R20bn, it generated over 40% more value than the Johannesburg metro’s just under R13.7bn (11 307 transactions).