Annual rental growth of residential property in South Africa 2019-2023, per quarter

Published by Statista Research Department, Dec 12, 2023

The growth of residential rents in South Africa has accelerated in 2022 and this trend continued in the first half of 2023. In the second quarter of 2023, residential rents rose by 4.4 percent, which was almost two percentage points higher than the same quarter in 2022. This trend was observed across all provinces.

Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023

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Release date

2023

Region

South Africa

Survey time period

Q1 2019 to Q2 2023

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