Market Snapshot
The key numbers driving SA's property market
As at 19 October 2026
The figures
- Repo rate (SARB)
- Monetary Policy Committee rate · 19 Oct 2026
- 7.25%
- +0.25pp on 25 Sep 2026
- Source: SARB
- Prime lending rate
- Standard bank variable rate · 19 Oct 2026
- 10.75%
- +0.25pp on 25 Sep 2026
- Source: SARB
- Inflation (CPI)
- Consumer price index (YoY) · Aug 2026
- 4.4%
- +0.1pp from 4.3% in Jul 2026
- Source: Stats SA
- Rand / US dollar
- ECB reference rate · 19 Oct 2026
- R16.43to $1
- −0.64% vs 12 Oct (R16.54)
- Source: ECB
- National house price growth
- (Lightstone Index, YoY) · Sep 2026
- 5.9%
- Source: Lightstone
- Average national rent
- (All residential properties) · Q2 2026
- R9,715per month
- +4.6% YoY (Q2 2026)
- Source: PayProp
- National rental growth
- (All residential properties, YoY) · Q2 2026
- 5.2%
- +0.5pp QoQ (Q2 2026)
- Source: PayProp
- Western Cape rental growth
- (Private residential, YoY) · Q2 2026
- 9.7%
- +0.6pp QoQ (Q2 2026)
- Source: PayProp
- SA REIT sector
- Total return (September 2026)
- +1.6%
- Source: SA REIT Association
- SA REIT sector
- Total return (2026 YTD)
- +4.0%
- Source: SA REIT Association
- SA REIT distribution growth
- Rolling 12 months (YoY) · Sep 2026
- 11.09%
- Source: SA REIT Association / Merchant West
- SA REIT forward yield
- (SA REIT Association) · Sep 2026
- 7.03%
- Source: SA REIT Association
Sources: SARB · Stats SA · ECB · Lightstone · PayProp · SA REIT Association · Merchant West. Repo, prime and CPI from the South African Reserve Bank; the rand from the European Central Bank's reference rates.
