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Homeowners forced to downsize in South Africa | SA News

Caitlyn Hilliard-Lomas
 ·25 Apr 2026

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Just Property CEO Paul Stevens described the current residential property market as “the great downsizing,” in which homeowners are choosing smaller, more efficient homes amid cost pressures.

In addition, lifestyle requirements and a desire for greater control are driving many homeowners to choose smaller homes.

“It’s a two-speed market. On one side, people are choosing compact, energy-resilient living,” said Stevens.

“On the other hand, well-capitalised…

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