Rental Market

South African Rental Market Soars Despite Inflation Challenges

  • South Africa’s rental market experiences growth in nominal terms but faces challenges in real terms due to inflation.
  • The Western Cape has the lowest vacancy rate and boasts strong tenant records, attributed to factors like semigration and low unemployment.
  • Rental prices vary significantly across major South African cities, with Cape Town showing the highest rates, and upmarket units are available in various regions of the country.

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