Graph and download economic data for Residential Property Prices for South Africa (QZAN628BIS) from Q1 1966 to Q1 2025 about South Africa, residential, HPI, housing, price index, indexes, and price.

View quarterly updates and historical trends for South Africa House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts …

Abstract

The Residential Property Price Index (RPPI) for South Africa was compiled by Statistics South Africa in partnership with the South African Reserve Bank and with the support of the International Monetary Fund. The source data for the RPPI are the records of property transactions registered with the Office of the Chief Registrar of Deeds (Deeds office). The RPPI is compiled using internationally accepted methods as outlined in Eurostat's Handbook on Residential Property Price Indices and the IMF's Residential Property Price Index Practical Compilation Guide. These documents are provided with the data. The indices are calculated using a rolling window time dummy hedonic regression model. The purpose of RPPIs is to measure changes in the price of residential properties, such as houses, townhouses and flats, purchased by households. Both new and existing dwellings are covered, independently of their final use and their previous owners. Only market prices are considered, including the price of the land on which residential buildings are located.

Analysis unit

Other

Kind of data

Administrative records

Mode of data collection

Other

House price index in South Africa, March, 2025 The most recent value is 181.3 index points as of Q1 2025, an increase compared to the previous value of 179.25 index points. Historically, the average for South Africa from Q1 1990 to Q1 2025 is 85.17 index points. The minimum of 12.41 index points was recorded in Q1 1990, while the maximum of 181.3 index points was reached in Q1 2025. | TheGlobalEconomy.com

Key information about South Africa Nominal Residential Property Price Index

• South Africa Nominal Residential Property Price Index was reported at 177.560 2010=100 in Sep 2024.
• This records an increase from the previous number of 177.480 2010=100 for Jun 2024.
• South Africa Nominal Residential Property Price Index data is updated quarterly, averaging 19.363 2010=100 from Mar 1966 to Sep 2024, with 235 observations.
• The data reached an all-time high of 178.093 2010=100 in Mar 2024 and a record low of 1.048 2010=100 in Mar 1966.
• South Africa Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Housing Index in South Africa increased to 119.80 points in April from 119.10 points in March of 2025. This dataset provides - South Africa Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• South Africa house prices grew 7.3% YoY in Nov 2016, following an increase of 6.5% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1967 to Nov 2016, with an average growth rate of 10.5%.
• House price data reached an all-time high of 41.5% in May 1981 and a record low of -9.0% in Jul 1985.

In 2024, Israel was the country with the highest inflation-adjusted increase in house prices since 2010 among the Middle Eastern and African countries under observation. In the fourth quarter of the year, the real house price index in Israel exceeded *** index points, suggesting that, adjusted for inflation, house prices grew ** percent since 2010, the baseline year when the index value was set to ***. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.

South Africa House Price Index: Medium Sized Houses data was reported at 544.475 2000=100 in Nov 2016. This records an increase from the previous number of 539.711 2000=100 for Oct 2016. South Africa House Price Index: Medium Sized Houses data is updated monthly, averaging 49.860 2000=100 from Jan 1966 (Median) to Nov 2016, with 611 observations. The data reached an all-time high of 544.475 2000=100 in Nov 2016 and a record low of 3.621 2000=100 in Jan 1966. South Africa House Price Index: Medium Sized Houses data remains active status in CEIC and is reported by Absa Group Limited South Africa. The data is categorized under Global Database’s South Africa – Table ZA.EB001: House Price Index: 2000=100.

Residential Property Prices in South Africa increased 5.90 percent in April of 2025 over the same month in the previous year. This dataset includes a chart with historical data for South Africa Residential Property Prices.

Graph and download economic data for Consumer Price Index: Housing for South Africa (ZAFCPIHOUMINMEI) from Jan 2002 to May 2018 about South Africa, CPI, housing, price index, indexes, and price.

The residential property market in South Africa has grown year-on-year between 2001 and 2023, except for 2008. Since 2009, the annual house price increase varied between *** and eight percent. In 2023, house prices appreciated by *** percent. While the market has been growing, the growth rate was much lower than during the period before the global financial crisis. Meanwhile, rental growth in South Africa has accelerated since 2021.

Key information about South Africa Real Residential Property Price Index Growth

• South Africa Real Residential Property Price Index Growth was reported at -3.487 % in Sep 2024.
• This records an increase from the previous number of -4.335 % for Jun 2024.
• South Africa Real Residential Property Price Index Growth data is updated quarterly, averaging -0.248 % from Mar 1967 to Sep 2024, with 231 observations.
• The data reached an all-time high of 33.249 % in Sep 2004 and a record low of -21.627 % in Sep 1985.
• South Africa Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

This dataset provides values for FHFA HOUSE PRICE INDEX MOM reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

South Africa House Price Index: Small Houses data was reported at 505.784 2000=100 in Nov 2016. This records an increase from the previous number of 497.644 2000=100 for Oct 2016. South Africa House Price Index: Small Houses data is updated monthly, averaging 47.192 2000=100 from Jan 1966 (Median) to Nov 2016, with 611 observations. The data reached an all-time high of 505.784 2000=100 in Nov 2016 and a record low of 3.742 2000=100 in Jan 1966. South Africa House Price Index: Small Houses data remains active status in CEIC and is reported by Absa Group Limited South Africa. The data is categorized under Global Database’s South Africa – Table ZA.EB001: House Price Index: 2000=100.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Key information about South Africa Gold Production

• South Africa Real Residential Property Price Index was reported at 87.122 2010=100 in Sep 2024.
• This records a decrease from the previous number of 87.636 2010=100 for Jun 2024.
• South Africa Real Residential Property Price Index data is updated quarterly, averaging 75.341 2010=100 from Mar 1966 to Sep 2024, with 235 observations.
• The data reached an all-time high of 123.390 2010=100 in Sep 2007 and a record low of 44.268 2010=100 in Mar 1997.
• South Africa Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Graph and download economic data for Consumer Price Index: Housing for South Africa (ZAFCPIHOUQINMEI) from Q1 2002 to Q1 2018 about South Africa, CPI, housing, price index, indexes, and price.

In 2024, the Israel was the country with the highest nominal increase in house prices among the Middle Eastern and African countries under observation. In the fourth quarter of the year, house prices in Israel rose by over **** percent annually, whereas globally, the increase was **** percent. These figures are based on the development of the nominal house price index, with 2010 chosen as a baseline year. Furthermore, it is important to note that the nominal index does not account for the effects of inflation, meaning that price growth in real terms was slower.

South Africa House Price Index: Large Houses data was reported at 568.510 2000=100 in Nov 2016. This records an increase from the previous number of 562.838 2000=100 for Oct 2016. South Africa House Price Index: Large Houses data is updated monthly, averaging 52.425 2000=100 from Jan 1966 (Median) to Nov 2016, with 611 observations. The data reached an all-time high of 568.510 2000=100 in Nov 2016 and a record low of 3.380 2000=100 in Jan 1966. South Africa House Price Index: Large Houses data remains active status in CEIC and is reported by Absa Group Limited South Africa. The data is categorized under Global Database’s South Africa – Table ZA.EB001: House Price Index: 2000=100.