PayProp Rental Index Q2 2023: Rental growth hits highest level since 2017
PayProp's Rental Index for Q2 2023 shows rental growth in all provinces, with national growth rising to 4.4% for the quarter.
In this issue of the PayProp Rental Index, we assess the ongoing impact of COVID-19 on national and provincial rent prices since the beginning of 2020, while also looking back on rental growth over the long term.
In addition, we examine the financial behaviour of tenants in different risk categories across various income and debt metrics. In a market where everyone is struggling to find good tenants, it pays to know what to look for!
You can also read our thoughts about the importance of trust fund separation, our preparations for POPIA measures, and a client’s story about simplifying her property management processes with PayProp.
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