{"id":114281,"date":"2020-02-14T17:55:13","date_gmt":"2020-02-14T10:55:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-cape-towns-drought-led-to-a-housing-market-downturn\/"},"modified":"2020-02-14T18:10:12","modified_gmt":"2020-02-14T11:10:12","slug":"how-cape-towns-drought-led-to-a-housing-market-downturn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-cape-towns-drought-led-to-a-housing-market-downturn\/","title":{"rendered":"How Cape Town\u2019s drought led to a housing market downturn"},"content":{"rendered":"


\nAn estimated 30 per cent drop in luxury prices means more demand for cheaper properties
\n
\nSource : ft.com
\nRead more…How Cape Town\u2019s drought led to a housing market downturn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An estimated 30 per cent drop in luxury prices means more demand for cheaper properties ...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114281","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tJf","jetpack-related-posts":[{"id":130770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/african-express-a-dramatic-apartment-in-cape-town\/","url_meta":{"origin":114281,"position":0},"title":"African express: a dramatic apartment in Cape Town","date":"October 16, 2022","format":false,"excerpt":"\r Eye-catching artworks, bold colours and a fearless approach to design make for an inspirational home in the heart of South Africa\u2019s oldest cityIt was perhaps inevitable that sculptor Rodan Kane Hart and his partner, interior curator Maybe Corpaci, would treat their home as an experimental space. As much a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-housing-market-downturn-five-auctions-cancelled-day-before-with-no-bidders-registered\/","url_meta":{"origin":114281,"position":1},"title":"Auckland housing market downturn: Five auctions cancelled day before with no bidders registered","date":"May 29, 2022","format":false,"excerpt":"\r Auckland's market downturn is leading to quiet auction rooms and one real estate agency recently cancelled five auctions the day before they were due to take place because no one had registered to bid on the homes.The drop in auction...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland housing market downturn:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wellington-housing-market-downturn-hits-northland-suburb-hard-as-prices-plummet\/","url_meta":{"origin":114281,"position":2},"title":"Wellington housing market downturn hits Northland suburb hard as prices plummet","date":"March 9, 2025","format":false,"excerpt":"\r Values fell from a peak of a median $1.42m in December 2021 to $985,000 in February.\r \r Source : nzherald.co.nz\/Property\r Read more...Wellington housing market downturn hits Northland suburb hard as prices plummet","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-housing-market-finally-ends-1-5-year-downturn-analysts-agree\/","url_meta":{"origin":114281,"position":3},"title":"Auckland housing market finally ends 1.5-year downturn, analysts agree","date":"October 3, 2023","format":false,"excerpt":"\r Three data reports in a week conclude a recovery in house prices has arrived.\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland housing market finally ends 1.5-year downturn, analysts agree","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-downturn-hits-metlifecare-bottom-line-profit-down-57\/","url_meta":{"origin":114281,"position":4},"title":"Housing downturn hits Metlifecare bottom line, profit down 57%","date":"February 25, 2019","format":false,"excerpt":"\r Metlifecare's half-year result out this morning has been hit by a 57 per cent bottom-line fall due to the softening housing market although the listed retirement company's underlying profit rose 15 per cent. For some years, the...\r \r Source : nzherald.co.nz\/Property\r Read more...Housing downturn hits Metlifecare bottom line, profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128670,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-most-homeowners-profit-on-sales-despite-downturn\/","url_meta":{"origin":114281,"position":5},"title":"Housing market: Most homeowners profit on sales, despite downturn","date":"August 16, 2022","format":false,"excerpt":"\r From RNZ Most homeowners are continuing to make healthy profits when they sell their houses, despite the market for resales showing further signs of weakness.CoreLogic's pain and gain survey indicates 98.1 per cent of properties...\r \r Source : nzherald.co.nz\/Property\r Read more...Housing market: Most homeowners profit on sales, despite downturn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114281"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114281"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114281\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}