Market news
Data-driven updates on Cape Town property markets — verify figures with counsel before investment decisions.
Cape Town Rates Hike May 2026: SARB 7%, Prime 10.5% Impact
SARB lifted the repo rate 25bp to 7% in May 2026 and prime to 10.5%. First hike since 2023. Impact on Cape Town bond buyers, affordability and stress tests.
Cape Town Luxury Sales Hit R11.3bn Record in 2025
Atlantic Seaboard and City Bowl luxury sales hit R11.3bn in 2025, up 26%. Ross Levin data: 116 deals above R20m and a R157.55m Clifton record sale.
Foreign Buyers Drive Atlantic Seaboard Sales in 2025
Foreign buyers took 25% of Atlantic Seaboard value in 2025, about R2.8bn. No SA buyer surcharge and 50% LTV rules keep UK, German, and US demand active.
V&A Waterfront Granger Bay: R24bn Expansion, 27k Jobs
V&A Waterfront plans ~3.8ha Granger Bay reclamation, R24bn mixed-use build, R8.8bn GDP and 27,000 jobs. Shore protection, residential and hotel — approval 2027.
Western Cape Property Forecast: 7.4-9.3% Growth in 2026
Western Cape prices forecast 7.4-9.3% growth in 2026 vs 6% nationally. Prime Cape Town may consolidate at 5-7% as semigration meets tight inventory.