Graph and download economic data for Real Residential Property Prices for South Africa (QZAR628BIS) from Q1 1966 to Q1 2025 about South Africa, residential, HPI, housing, real, price index, indexes, and price.

House price index in South Africa, March, 2025 The most recent value is 181.19 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 181.19 index points was reached in Q1 2025. | TheGlobalEconomy.com

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.

Housing Index in South Africa increased to 118.40 points in February from 117.90 points in January of 2025. This dataset provides - South Africa Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Residential Property Prices in South Africa increased 5.20 percent in February of 2025 over the same month in the previous year. This dataset includes a chart with historical data for South Africa Residential Property Prices.

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.

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 ZA: Price to Income Ratio: sa data was reported at 90.320 2015=100 in 2024. This records a decrease from the previous number of 92.422 2015=100 for 2023. South Africa ZA: Price to Income Ratio: sa data is updated yearly, averaging 98.221 2015=100 from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 132.663 2015=100 in 2007 and a record low of 71.323 2015=100 in 1997. South Africa ZA: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Africa – Table ZA.OECD.AHPI: House Price Index: Seasonally Adjusted: Non OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

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.

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.

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.

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.

As of November 2023, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 104.9 points regarding actual rentals for housing. This is an increase of 2.7 points from the previous year.

Graph and download economic data for Consumer Price Index: Housing, water, electricity, gas and other fuels (COICOP 04): Maintenance and repairs of the dwellings: Total for South Africa (ZAFCP040300IXNBQ) from Q1 2008 to Q4 2021 about repair, maintenance, water, South Africa, fuels, electricity, gas, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for South Africa (ZAFCP040100GYM) from Jan 2009 to Dec 2024 about water, South Africa, fuels, electricity, rent, gas, CPI, price index, indexes, and price.

South Africa ZA: Price to Rent Ratio: sa data was reported at 101.234 2015=100 in 2024. This records a decrease from the previous number of 103.643 2015=100 for 2023. South Africa ZA: Price to Rent Ratio: sa data is updated yearly, averaging 98.800 2015=100 from Dec 2002 (Median) to 2024, with 23 observations. The data reached an all-time high of 117.529 2015=100 in 2007 and a record low of 46.957 2015=100 in 2002. South Africa ZA: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Africa – Table ZA.OECD.AHPI: House Price Index: Seasonally Adjusted: Non OECD Member: Annual. Nominal house prices divided by rent price indices

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 %.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for South Africa (ZAFCP040100GYQ) from Q1 2009 to Q4 2024 about water, South Africa, fuels, electricity, rent, gas, CPI, price index, indexes, and price.