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SA residential property market at turning point as global risks rise

# The Reside Summit says South Africa’s residential property market is undergoing major change, driven by global uncertainty, rising costs and shifting buyer behaviour. Industry leaders state the sector is moving away from speculative investment towards more professional, institutionalised rental housing, including multifamily developments and student accommodation. The summit’s chairperson Debbie Tagg warns geopolitical tensions and high energy prices could delay interest rate relief and add further pressure on developers and buyers.