In 2020, there were approximately 237,000 housing transaction in South Africa, with resales accounting for the lion's share of the market. Most purchases of newly built homes were financed through a mortgage loan, whereas for existing homes it was the other way around.
Number of residential property sales with and without mortgage in South Africa in 2020
Characteristic
Without a mortgage
With a mortgage
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Centre for Affordable Housing Finance in Africa. (March 4, 2022). Number of residential property sales with and without mortgage in South Africa in 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/
Centre for Affordable Housing Finance in Africa. "Number of residential property sales with and without mortgage in South Africa in 2020." Chart. March 4, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/
Centre for Affordable Housing Finance in Africa. (2022). Number of residential property sales with and without mortgage in South Africa in 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/
Centre for Affordable Housing Finance in Africa. "Number of Residential Property Sales with and without Mortgage in South Africa in 2020." Statista, Statista Inc., 4 Mar 2022, https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/
Centre for Affordable Housing Finance in Africa, Number of residential property sales with and without mortgage in South Africa in 2020 Statista, https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/ (last visited July 22, 2024)
Number of residential property sales with and without mortgage in South Africa in 2020 [Graph], Centre for Affordable Housing Finance in Africa, March 4, 2022. [Online]. Available: https://www.statista.com/statistics/1330139/residential-transactions-by-financing-south-africa/