New data from the PayProp Rental Index shows that rental applicants are better off – but also not.
Real-terms rental growth in Q3 2024 was the strongest it has been since 2017, according to the latest PayProp Rental Index.
New statistics from the PayProp Rental Index show a surprise reversal in tenant arrears.
The average SA residential rent grew 4.6% year on year in Q3 2023, according to the new PayProp Rental Index – the highest recorded since 2017.
Rental growth hit the highest level since 2017, according to the latest PayProp Rental Index.
PayProp's Rental Index for Q2 2023 shows rental growth in all provinces, with national growth rising to 4.4% for the quarter.