New data from PayProp paints a bleak picture for tenants - with only one province in South Africa showing a decline in rental growth.
Here is the average rent South Africans pay per month, including that of each province.
New data from property market analysis firm PayProp shows renters under pressure.
The average monthly rent has increased across all provinces for the first time in five years.
Property professionals real estate group Just Property discuss how to view property as an asset class in the current investment climate, and the outlook for the sector.
PayProp has published its latest rental index for the second quarter of 2022, showing South Africa's rental growth is continuing its upwards trend since April last year.
PayProp has published its latest rental index, showing South Africa's rental growth rebounded in the first quarter of 2022.
Data from PayProp's latest report indicates how much different tenants across South Africa pay for rent as well has what the average rent is in all 9 provinces.
Finance minister Enoch Godongwana delivered his maiden budget speech this week with few surprises, notes TPN Credit Bureau.But what impact will it have on the rental market, amid an interest rate hike cycle.
Subdued rental growth continued into the third quarter of 2021 amid high levels of inflation, driven largely by increasing transport costs in the absence of real economic growth.
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