Lighstone data shows that the average transaction price for the metro is roughly R1.2 million – below the national average of R1.3 million.
Despite the semigration talk, Greater Johannesburg still sees the largest influx of people migrating to big cities in search of economic opportunities, and they are finding good value. She added that sellers are also more receptive to offers, reflecting a shift in acceptance that the market is still more favourable to buyers.
She said neighbouring suburbs such as Honeydew, Wilgeheuwel, Radiokop and Allens Nek offer even better buyer value.
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