Graph and download economic data for Real Residential Property Prices for South Africa (QZAR628BIS) from Q1 1966 to Q2 2025 about South Africa, residential, HPI, housing, real, price index, indexes, and price.

Residential Property Prices in South Africa increased 6.60 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for South Africa Residential Property Prices.

Cape Town was the most expensive metro to buy a home in South Africa in 2024. The average sales price of residential property was *** million South African rands in that year, which was roughly double the price paid in Port Elizabeth.

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 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 14.6%.
• House price data reached an all-time high of 41.5% in May 1981 and a record low of -9.0% in Jul 1985.

South Africa Residential Real Estate Market Report is Segmented by Property Type (Villas & Landed Houses, Apartments & Condominiums), by Price Band (Affordable Housing, Mid-Market, and Luxury), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build), and More), and by Key Cities (Cape Town, Johannesburg, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Housing Index in South Africa increased to 121.20 points in June from 120.50 points in May of 2025. This dataset provides - South Africa Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

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.

House price index in South Africa, June, 2025 The most recent value is 183.35 index points as of Q2 2025, an increase compared to the previous value of 181.26 index points. Historically, the average for South Africa from Q1 1990 to Q2 2025 is 85.87 index points. The minimum of 12.41 index points was recorded in Q1 1990, while the maximum of 183.35 index points was reached in Q2 2025. | TheGlobalEconomy.com

South Africa House Price: Average: sa: Middle Segment: Existing data was reported at 1,390,692.000 ZAR in Sep 2016. This records an increase from the previous number of 1,388,451.000 ZAR for Jun 2016. South Africa House Price: Average: sa: Middle Segment: Existing data is updated quarterly, averaging 124,895.000 ZAR from Mar 1966 (Median) to Sep 2016, with 203 observations. The data reached an all-time high of 1,390,692.000 ZAR in Sep 2016 and a record low of 9,012.000 ZAR in Sep 1966. South Africa House Price: Average: sa: Middle Segment: Existing 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.P004: House Price: Average: by Type: Seasonally Adjusted.

Real residential property prices Y-on-Y, percent change in South Africa, June, 2025 The most recent value is 0.43 percent as of Q2 2025, an increase compared to the previous value of -1.23 percent. Historically, the average for South Africa from Q1 1990 to Q2 2025 is 1.69 percent. The minimum of -15.09 percent was recorded in Q3 2008, while the maximum of 33.27 percent was reached in Q3 2004. | TheGlobalEconomy.com

The number of residential property sales in South Africa decreased for the second year in a row in 2020, reaching approximately ****** home sales. The strongest year for the housing market was 2018, when roughly ****** home sales took place. Over the whole observation period, properties in the luxury market segment of over *** million South African rands comprised the largest share of transactions.

Key information about South Africa Nominal Residential Property Price Index

• South Africa Nominal Residential Property Price Index was reported at 183.351 2010=100 in Jun 2025.
• This records an increase from the previous number of 181.265 2010=100 for Mar 2025.
• South Africa Nominal Residential Property Price Index data is updated quarterly, averaging 19.444 2010=100 from Mar 1966 to Jun 2025, with 238 observations.
• The data reached an all-time high of 183.351 2010=100 in Jun 2025 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.

The prices for the cheapest newly built housing in two African countries, Sudan and South Sudan, exceeded ****** U.S. dollars in 2024. In the Seychelles, the price of the most affordable housing was about ****** U.S. dollars. Nigeria, Kenya, and Egypt all had house prices under 10,000 U.S. dollars.

Discover the booming South African residential real estate market! With a $19.89 billion valuation in 2025 and a projected 10.46% CAGR, this report analyzes market drivers, trends, and key players, offering invaluable insights for investors and developers. Explore regional breakdowns and future forecasts. Key drivers for this market are: 4., Growing urbanisation in the countries4.; Increasing support of private sector to meet infrastructural growth in various sectors such as water, energy, transportation, and communications. Potential restraints include: 4., Lack of quality and quantity of infrastructure. Notable trends are: Increasing Demand for Sectional Title Living in South Africa.

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.

Residential properties under ******* South African rands comprised the largest share of the residential stock in South Africa in 2021. According to the source, there were over * million of these entry market properties. The affordable market segment refers to housing in the ******* to ******* South African rands price range, whereas properties up to ******* South African rands are considered part of the conventional market segment. High-end and luxury housing, on the other hand, is housing in the ******* to *** million South African rands price range and over *** million South African rands, respectively.

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.

South Africa Real Estate and Smart Housing Market valued at USD 25 Bn, driven by urbanization, smart tech, and government initiatives for sustainable housing.