Market pulse What's the SA property market doing?
The headline numbers, with their sources. Everything here is from official
publications — Stats SA, FNB, the South African Reserve Bank, the Bank
for International Settlements. We never re-publish private listing data.
Last data point · October 2025 Real y/y · +1.8%
Source: Bank for International Settlements, residential property price index,
distributed via FRED. Index, 2010 = 100. Quarterly.
By province
| Province | Year on year |
| Northern Cape | +8.2% |
| Western Cape | +7.4% |
| Free State | +7.0% |
| Mpumalanga | +6.8% |
| KwaZulu-Natal | +6.1% |
| North West | +6.0% |
| Limpopo | +5.5% |
| Gauteng | +5.2% |
| Eastern Cape | +4.8% |
By metro
| Metro | Year on year |
| City of Cape Town | +7.9% |
| eThekwini (Durban) | +5.8% |
| City of Tshwane | +5.0% |
| City of Johannesburg | +4.6% |
| City of Ekurhuleni | +4.4% |
Source: Statistics South Africa, Residential Property Price Index (P0160), March 2025.
FNB 10 Dec 2025
FNB Property Barometer — November 2025
House price growth decelerating from 5.0% in October. The FNB market strength demand index spiked to the highest level since June 2008, possibly an early signal of buyer activity responding to the inflation target change and rate cut.
Read the report → FNB House Price Index (y/y) 4.7%
Stats SA 22 May 2025
Residential Property Price Index — March 2025
Freehold property prices up 6.5% year-on-year. Month-on-month growth of 0.5%. Source data is registered property transactions at the Deeds Office.
Read the report → RPPI for freehold properties (y/y) 6.5%
BIS / FRED 10 Apr 2026
Real Residential Property Prices for South Africa
Real (CPI-deflated) residential property prices remain well below the 2010 baseline. Q4 2025 reading of 89.5 indicates a long-run decline in real terms despite nominal growth.
Read the report → Real RPPI (index, 2010=100) 89.5
Absa 01 Nov 2025
Absa Homeowner Sentiment Index — Q3 2025
Quarterly gauge of consumer confidence in the property market. Used as a leading indicator for buying intention.
Read the report → Homeowner Sentiment Index See report
Suburb-level detail is live Property counts, typical values, and typical sizes for 1 234 suburbs across eThekwini and Cape Town — from the public valuation rolls.
Browse SA suburbs →