House Price South Africa tracks house prices in South Africa since January 1966. House Price South Africa uses ABSA house prices, as defined at the bottom of this page.
Average nominal house prices in South Africa – 2014 to 1966
House Price South Africa uses ABSA house prices for the middle segment. Prices are based on the total purchase price of all houses (including all improvements) for which loan applications were approved by ABSA Bank. Prices are smoothed for all houses between 80m² and 400m².
Houses of which the prices exceed R3 500 000 in 2011 have been excluded from the calculations, as these fall into the luxury segment. Affordable houses less than 80m² are also excluded.
House Price South Africa is independent and uses the house price trends in South Africa over the last 40 years, complemented by economic indicators and trends to forecast the outlook for the next 40 years. House Price South Africa is not associated with any estate agency or other vested interest. We welcome all contributions to the forum by interested investors.
The house price information used on this site is ABSA’s house prices for South Africa. Population figures are sourced from UN published material. Inflation figures are sourced from Stats SA website. Interest rates are sourced from SARB website.