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Residential property prices rise as market faces regional disparities

The Mercury

|

June 13, 2025

STATISTICS South Africa (Stats SA) announced on Thursday that the residential property price index (RPPI) rose by 0.4% month-on-month in January 2025.

- YOGASHEN PILLAY

This growth underscores a broader trend, with annual national residential property price inflation recording a 5.2% increase in January 2025, slightly up from a revised 5.1% in December 2024.

The RPPI aims to provide insights into the fluctuations in residential property prices across households over time, supported by primary data sourced from the Office of the Chief Registrar of Deeds.

This comprehensive measure offers insights at national, provincial, and metropolitan municipality levels and highlights critical regional differences that impact property values.

According to Stats SA, the primary contributors driving the national inflation rate included the Western Cape, which saw a robust inflation of 8.7%, contributing an impressive 3.3 percentage points to the overall index, alongside Gauteng’s more subdued 2.3% inflation, adding a modest 0.9 percentage points.

When delving into metropolitan areas, the RPPI revealed an overall increase of 5.0% between January 2024 and January 2025.

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