Could SA's elections reshape property values and semigration?

Ahead of the 4 November local elections, Seeff and Sentinel Homes explain how municipal performance could reshape property values and semigration.

Ahead of the 4 November local elections, Seeff and Sentinel Homes explain how municipal performance could reshape property values and semigration.

SA REITs returned 2.4% in October, lifting year-to-date gains to 6.5% ahead of bonds and equities. Download the October 2026 SA REIT Chart Book.

Lightstone research shows Black women drove 146% growth in SA's private property investors over a decade, as the investor base grew 22% to over 140,000.

Rebosis went from a R9bn-plus REIT to delisted shares worth almost nothing. Alistair Anderson on the debt, related-party deal and UK write-down behind it.

Construction-site extortion cost SA's building industry R63bn in 2026, yet 8,111 reported cases led to only 3,362 arrests. What it means for developers.




























Repo rate (SARB)
Monetary Policy Committee rate · 2 Nov 2026
7.25%
+0.25pp on 25 Sep 2026
Prime lending rate
Standard bank variable rate · 2 Nov 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 · 2 Nov 2026
R16.64to $1
+0.06% vs 26 Oct (R16.63)
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 (October 2026)
+2.4%
SA REIT sector
Total return (2026 YTD)
+6.5%
SA REIT distribution growth
Rolling 12 months (YoY) · Oct 2026
11.09%
Unchanged from 11.09% in Sep 2026
SA long bond yield
Month-end (October 2026)
8.72%
−0.20pp from 8.92% in Sep 2026
Cover story
eXp Realty South Africa & Laureus: A Partnership Changing Futures Through SportBy Khanya Gundwana
Inside this issue

Residential

New Developments

Commercial

REITs

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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
R1m buys less house as SA property prices lag inflation
Research ReportsDownload My Student House's free SA Student Accommodation Monitor 2026: demand, supply, NSFAS funding, returns and risk in student housing, in one report.
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%.
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