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South Africa's rental market sees strongest growth in years amid economic uncertainty
Cape Times
|July 17, 2025
AS SOUTH Africa grapples with a continued weak economic outlook, a noteworthy shift is occurring in the residential property market.
The Seeff Property Group has reported that fewer consumers are looking to buy homes, a trend echoed by the latest findings from the PayProp Rental Index. The Index reveals that the residential rental market in South Africa has kicked off 2025 with extraordinary momentum, recording an uptick of 5.6%, the highest quarterly growth since the third quarter of 2017.
The robust growth was underscored by pushing the average rent to R9 132 across the nation.
Notably, February alone saw a year-on-year rental increase of 6%, marking the most significant monthly growth recorded since August 2017.
Bu hikaye Cape Times dergisinin July 17, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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