Property
House price growth continues to moderate as market conditions stabilise
The FNB House Price Index (HPI) slowed further in July, with annual house price growth easing to 5.1% year-on-year (y/y) from 5.5% y/y in June. While house price inflation remains modestly ahead of headline consumer inflation, which measured 4.3% y/y in July, the gap has narrowed significantly compared to earlier in the year.
27 August 2026
Property
House price growth continues to moderate, but supply fundamentals remain supportive
24 July 2026
Property
The property market remains resilient, but for how long?
In April, the house price index (HPI) recorded zero monthly growth and 5.4% year-on-year (y/y) growth, slightly softer than the 5.7% y/y recorded in the previous month. In the first two months of 1Q26, growth was 5.7% and 5.8%, respectively, and the average for the first four months of the year stands at 5.7%, comfortably above the expected average inflation rate of 3.4%.
14 May 2026
Property
Sentiment remains upbeat as the residential property market recovery continues
17 March 2026
Property
Property Barometer - October 2025
The FNB House Price Index (HPI) decelerated lightly to 4.9% y/y in October, down from a revised 5.1% in September (previously 4.9%). Month-on-month, prices increased by 0.1%, down from 0.4% and 0.5% in September and August, respectively, signalling that the upward momentum is slowing.
17 November 2025
Property
A marginal improvement in house prices, from a low level
The FNB House Price Index edged up to 0.5% year-on-year (y/y) growth in June, a slight improvement from 0.3% in May. The low house price growth trajectory aligns with expectations given the persistent high living and borrowing costs. Notably, lower-priced segments and non-metro regions continue to perform better.
09 July 2024
Property
House price growth continues to moderate as market conditions stabilise
The FNB House Price Index (HPI) slowed further in July, with annual house price growth easing to 5.1% year-on-year (y/y) from 5.5% y/y in June. While house price inflation remains modestly ahead of headline consumer inflation, which measured 4.3% y/y in July, the gap has narrowed significantly compared to earlier in the year.
27 August 2026
Property
House price growth continues to moderate, but supply fundamentals remain supportive
24 July 2026
Property
The property market remains resilient, but for how long?
In April, the house price index (HPI) recorded zero monthly growth and 5.4% year-on-year (y/y) growth, slightly softer than the 5.7% y/y recorded in the previous month. In the first two months of 1Q26, growth was 5.7% and 5.8%, respectively, and the average for the first four months of the year stands at 5.7%, comfortably above the expected average inflation rate of 3.4%.
14 May 2026
Property
Sentiment remains upbeat as the residential property market recovery continues
17 March 2026
Property
Property Barometer - October 2025
The FNB House Price Index (HPI) decelerated lightly to 4.9% y/y in October, down from a revised 5.1% in September (previously 4.9%). Month-on-month, prices increased by 0.1%, down from 0.4% and 0.5% in September and August, respectively, signalling that the upward momentum is slowing.
17 November 2025
Property
A marginal improvement in house prices, from a low level
The FNB House Price Index edged up to 0.5% year-on-year (y/y) growth in June, a slight improvement from 0.3% in May. The low house price growth trajectory aligns with expectations given the persistent high living and borrowing costs. Notably, lower-priced segments and non-metro regions continue to perform better.
09 July 2024
Disclaimer
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