House prices in South Africa: ABSA index, medium-sized houses (2000=100)
Economics Team | June, 15, 2017
South Africa
House prices in South Africa. ABSA releases a monthly house price index for South Africa, based on the total purchase price of houses of 80m2 to 400 m2 size, costing R3.5 million or less, whose loans were approved by ABSA. The time-series stretches back to 2006.
House price changes in South Africa, nominal and inflation-adjusted ('rea')
% change over a year earlier
South Africa
Source: ABSA
Quarterly Change in house prices
| Q1 | Q2 | Q3 | Q4 | |
| 2019 | 1.21 | 1.34 | 0.00 | 0.37 |
| 2018 | 0.00 | 0.00 | 0.76 | 0.00 |
| 2017 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2016 | 1.40 | 2.34 | 2.89 | 0.00 |
| 2015 | 0.98 | 1.12 | 1.35 | 1.36 |
| 2014 | 2.96 | 1.23 | 2.19 | 1.21 |
| 2013 | 0.19 | 0.91 | 0.44 | 2.26 |
| 2012 | 0.38 | 2.69 | 3.14 | 2.16 |
| 2011 | 0.57 | 2.18 | 0.55 | -1.92 |
| 2010 | 3.83 | -0.74 | -1.41 | 0.70 |
| 2009 | -2.01 | -1.51 | 0.58 | 3.22 |
| 2008 | 0.11 | 0.08 | 0.58 | -0.97 |
| % change over a quarter (QoQ) | ||||
This table shows the change in house prices during a single quarter.
The figures are not adjusted for inflation, so may overstate house price rises (or understate declines).
Four quarter's house price changes may NOT sum to the annual (year-on-year) change in house prices, for statistical reasons.
