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Growth of Residential Property Prices (Nominal, Local Currency) in South Africa

Created with Highcharts 6.0.4%197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017-10010203040
Source: Federal Reserve Bank of Dallas, BIS, National Central Bank, Helgi Library calculation
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Nominal growth of residential property prices in the local currency reached 4.91% in 2017 in South Africa, according to the National Statistical Office. This is 126% more than in the previous year.

Historically, nominal growth of residential property prices in the local currency in South Africa reached an all time high of 35.0% in 1981 and an all time low of -6.38% in 1985.

South Africa has been ranked 34th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.

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