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<\/a><\/p>\nA number of South African real estate companies have reported an increase in semigration activity as more South Africans look to move from their inland homes in Gauteng and the Western Cape to more coastal areas.<\/p>\n Relocating to a warmer coastal clime or a more relaxed environment may be more than a pipe dream for some, having been pushed to the top of the priority list for a number of people who\u2019ve made lifestyle decisions during the confines of the Covid-lockdown to effect a lasting change for the better, said Pam Golding Properties.<\/p>\n Due to its value for money, it said it has seen increasing semigration into KZN – both from other areas in the province and other inland provinces.<\/p>\n Lew Geffen Sotheby\u2019s International Realty also pointed to an increase in semigration to the Garden Route in the Eastern Cape.<\/p>\n Steven Neufeld, manager principal at the group\u2019s Plettenberg Bay office, said that the\u00a0revival of the semigration trend post-lockdown will further bolster the Garden Route market.<\/p>\n “This coastal region has become very popular with buyers from Gauteng and Cape Town especially, and their ongoing interest continues to strengthen the market so although property prices have not risen exponentially, property prices are well above national averages even though affordability is relatively low,” he said.<\/p>\n The low and mid value segments continue to buck the market trend by growing at more than 4% annually while the high and luxury segments are inflating at rates below 2%, Lightstone said.<\/p>\n Property Inflation: Value Bands<\/strong><\/p>\n<\/a><\/p>\n