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Property prices and rents in South Africa - Codera Analytics

Property prices and rents in South Africa

While the Western Cape has experienced the fastest increase in property prices according to data from Statistics South Africa, PayProp data shows that the Northern Cape has experienced the fastest rental growth since 2011 (first chart). Since headline inflation averaged 5.7% over this period, property prices and rentals fell in inflation-adjusted terms in most provinces over this period (second chart).