PayProp Rental Index – growth accelerates for eighth quarter
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.
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In this issue, we track the ongoing recovery of the rental market, look into how tenants’ finances are being squeezed by rising inflation, and discover which province could soon challenge the Western Cape for the most expensive rents in the country.
We also take a deep dive into how properties are distributed across different rental brackets in each province – and how that’s changed over the last year.
Finally, our CEO Michelle Dickens explains how you can use technology, transparency and tenant screening to become the #1 choice for local landlords.
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