SA housing market holds firm as banks compete for buyers

ooba's Q3 2026 data: house prices up 5% to R1.76m, September bond discounts at prime minus 0.83% (best since 2009) and investors at 13.1% of applications.

ooba's Q3 2026 data: house prices up 5% to R1.76m, September bond discounts at prime minus 0.83% (best since 2009) and investors at 13.1% of applications.

The Competition Commission recommends approving a major part of Dipula's R2.04bn purchase of nine retail properties from Moolman Group and its co-investors.

Rapfund Investments is developing the 6,337m² Pinelands Village shopping centre in Cape Town, anchored by Checkers and Dis-Chem with 26 shops and restaurants.

Insurer-owned unlisted property companies can now qualify as REITs, but strict thresholds, fund-level tax and IFRS 17 make conversion a careful calculation.

Norbert Sasse looks back on 25 years that took Growthpoint from near liquidation to a R160bn property group, the crises it survived and his succession.




























Repo rate (SARB)
Monetary Policy Committee rate · 26 Oct 2026
7.25%
+0.25pp on 25 Sep 2026
Prime lending rate
Standard bank variable rate · 26 Oct 2026
10.75%
+0.25pp on 25 Sep 2026
Inflation (CPI)
Consumer price index (YoY) · Sep 2026
4.5%
+0.1pp from 4.4% in Aug 2026
Rand / US dollar
ECB reference rate · 26 Oct 2026
R16.63to $1
+1.19% vs 19 Oct (R16.43)
National house price index
(Stats SA HPI, YoY) · May 2026
8.2%
National house price growth
(Lightstone Index, YoY) · Sep 2026
5.9%
Average national rent
(All residential properties) · Q2 2026
R9,715per month
+4.6% YoY (Q2 2026)
National rental growth
(All residential properties, YoY) · Q2 2026
5.2%
+0.5pp QoQ (Q2 2026)
SA REIT sector
Total return (September 2026)
+1.6%
SA listed property (J253)
(FTSE/JSE, September 2026)
−5.8%
Petrol 95 inland
(DMPR, 7 October 2026)
R30.25per litre
Diesel 0.05% wholesale inland
(DMPR, 7 October 2026)
R31.95per litre
Cover story
eXp Realty South Africa & Laureus: A Partnership Changing Futures Through SportBy Khanya Gundwana
Inside this issue

Residential

New Developments

Commercial

REITs

Listed Property

Offshore

Student

Offices

Retail

Industrial

Green Buildings

Mixed Use

Apartments & Flats

Hospitality

Senior Living

Affordable Housing

Luxury Residential

Business Broking

Multi Family
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Expert Insights
Could you become SA’s next property developer?
Research ReportsLightstone warns fuel relief eases pressure but won't fix homeownership: first-time buyer deals fell up to 31% since 2021 and young buyers are losing ground.
Research ReportsSA house prices rose 8.2% in May, but John Loos sees signs of a slowdown. See which markets are still rising and where momentum is starting to fade.
Asset ManagementFindHomes data on 156,600 live rentals shows almost a quarter of Western Cape listings have cut asking rents, typically by 7.1%, as demand meets affordability.
Asset ManagementPayProp's Q2 2026 Rental Index: national rents rise 5.2% to a record R9,715, the Western Cape surges 9.7% to R12,561, and arrears edge up to 16.9%.
Research ReportsSouth Africa’s house price growth hit 7.1%, led by the Western Cape, but rising inflation and global risks could slow momentum in 2026