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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PayProp South Africa. (August 23, 2023). Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/
PayProp South Africa. "Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023." Chart. August 23, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/
PayProp South Africa. (2023). Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/
PayProp South Africa. "Annual Rental Growth of Residential Property in South Africa from 1st Quarter 2019 to 2nd Quarter 2023." Statista, Statista Inc., 23 Aug 2023, https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/
PayProp South Africa, Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/ (last visited December 19, 2024)
Annual rental growth of residential property in South Africa from 1st quarter 2019 to 2nd quarter 2023 [Graph], PayProp South Africa, August 23, 2023. [Online]. Available: https://www.statista.com/statistics/1320177/residential-property-rental-growth-south-africa/