Price to Rent Ratio in South Africa decreased to 101.23 in the second quarter of 2024 from 102.38 in the first quarter of 2024. Price to Rent Ratio in South Africa averaged 95.63 from 2002 until 2024, reaching an all time high of 120.18 in the second quarter of 2007 and a record low of 45.92 in the fourth quarter of 2002.




Related Last Previous Unit Reference
Building Permits YoY 9414088.00 8480733.00 ZAR Thousand Sep 2024
Housing Index 113.80 113.50 points Jun 2024
Price to Rent Ratio 101.23 102.38 Jun 2024
Residential Property Prices 3.20 3.00 Percent Jun 2024

South Africa Price to Rent Ratio
The price to rent ratio in South Africa measures the nominal house price index divided by the housing rent price index.
Actual Previous Highest Lowest Dates Unit Frequency
101.23 102.38 120.18 45.92 2002 - 2024 Quarterly
Price Index, NSA