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
Characteristic
Annual rental growth
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/