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This is the time to purchase a bigger property

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The increased activity in the property market has safeguarded against house price depreciation across most sectors, meaning that homes are not selling for bargain prices. In the lower price segments, for example, there are many transactions taking place but not much in the way of price reductions, notes Adrian Goslett, chief executive of Re/Max of Southern Africa. Read the latest Property360 digital magazine below “Sellers are not taking a knock in this segment – in fact, in a lot of cases, there are multiple offers, so prices have been driven the other way.” The higher-price bracket – about R4 million…