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'Superhomes' in South Africa are selling again, but at a fat discount


‘Superhomes’ in South Africa are selling again, but at a fat discount
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Between 30% and 50% of the high net-worth individuals (HNWIs) globally are planning to buy at least one additional luxury property within the next 12 months, compared to just 20% a year ago, according to the latest research conducted by Luxury Portfolio International (LPI) and Leading Real Estate Companies of the World (LeadingRE).
In addition, the latest statistics from the US reveal that luxury home sales there have been soaring since September 2020 and are currently almost 61% ahead of where they were at the start of last year – despite the fact that the US has been so hard hit by the Covid-19 pandemic and its economic aftermath. ....

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