• Version
• Download
• File Size 1.23 MB
• File Count 1
• Create Date July 10, 2025
• Last Updated July 10, 2025

Residential Property Price Index February 2025

Gauteng and Kwazulu Natal Lag as Regional Property Price Gaps Widen

As at February 2025, the national residential property price index recorded a 5.2% year-on-year increase, marginally above its long-term average of 4.9%. The Western Cape continues to lead growth nationally, with prices up 8.5%—1.6 percentage points above the long-term trend—driven in part by strong performances in Cape Town (7.6%). Limpopo and North West also showed robust growth at 7.4% and 8.6% respectively, well above historical norms.

In contrast, the Northern Cape saw a dramatic decline of -10.4%, underperforming its long-term average by over 15 percentage points. Mpumalanga also dipped into negative territory (-1.1%), while Gauteng and KwaZulu-Natal remained sluggish at 2.5% and 2.3% respectively, both underperforming their long-run averages.

Among metros, Nelson Mandela Bay and Mangaung showed the strongest momentum (both at 6.6%–7.0%), while Buffalo City and Tshwane underperformed with growth rates of -0.4% and 1.4% respectively. Overall, metropolitan growth was relatively stable at 4.9%, in line with the long-term trend. The data highlights a continued geographic divergence, with the Western Cape and select smaller provinces outperforming, while larger inland metros lag behind.

Attached Files