The value proposition among the JSE’s property players may be just too good to ignore — but don’t expect a sharp rebound in share prices anytime soon
Volatility in property share prices may make it near-impossible to call the bottom of the market. However, investors are seemingly starting to re-enter the real estate sector on the back of what looks like dirt-cheap levels.
The South African listed property index is up about 10% month to date, clawing back a large portion of its 2022 losses. That follows what has been a rather rocky recovery since the index hit Covid-induced 10-year lows two years ago...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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