The latest issue of the PayProp Rental Index is out now, and comes with good news for rental agents and landlords: rent rose in every province for the first time since Q2 2022.
South Africa’s post-pandemic recovery in residential rental growth is over, but that doesn’t mean disaster for the industry.
Rental growth in South Africa has reached a new seven-year high, according to the latest data from the PayProp Rental Index.
Rental investors make up a record share of housing finance applications, according to industry insiders.
The South African Reserve Bank will make its next interest rate decision on 21 September, and forecasters are divided on where they will go next.
Annual rental growth in South Africa was at its highest for almost eight years in Q1, according to the latest PayProp Rental Index.