How Does The Market Look Between Now And December 2022?
Buyers still have options as there are still lots of properties on the market.
It is however getting more difficult to find the most suitable ones for them. Some sellers are sitting put, waiting to see what happens next year.
As a seller, you still have good options. There is still a strong demand for houses in Parkmore and the surrounding areas of Sandton. There is also the possibility that your home may soon face more competition. Other sellers may put their properties on the market, especially during the summer months.
Also as inflation continues to rise, it could push mortgage rates even higher in 2023. This could dampen the property market.
So as a homeowner, you have incredible leverage. You can decide on the timing of your selling decisions.
