House prices in South Africa: FNB index, all dwellings (2001=100)
September, 14, 2022
South Africa
House prices in South Africa. FNB releases a monthly Repeat Sales House Price index for South Africa, which stretches back to 2001.
House prices in South Africa, % change 1 yr
Nominal and inflation-adjusted ('real')
South Africa
Source: ABSA
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2022 | -1.45 | -1.57 | ||
| 2021 | -1.67 | 0.38 | -0.48 | -0.29 |
| 2020 | -2.37 | 2.63 | 0.47 | 0.31 |
| 2019 | -0.7 | 0.44 | -0.24 | -0.4 |
| 2018 | 0.11 | 0.29 | -0.84 | 0.17 |
| 2017 | -0.06 | -0.04 | -0.19 | -0.33 |
| 2016 | -0.88 | -0.51 | -0.48 | -0.3 |
| 2015 | 0.57 | -0.17 | -0.2 | 0.87 |
| 2014 | -0.73 | 0.16 | 0.05 | 1.35 |
| 2013 | -0.53 | 0.92 | -0.08 | 2.04 |
| 2012 | -0.63 | 0.23 | 0.48 | -0.12 |
| 2011 | -1.33 | -0.09 | -0.46 | 0.04 |
| 2010 | 0.36 | 0.2 | -0.88 | 0.09 |
| 2009 | -3.39 | -1.38 | -0.72 | 1.6 |
| 2008 | -4.07 | -5.92 | -3.97 | 0.2 |
| 2007 | 2.9 | 3.06 | -0.4 | -2.3 |
| 2006 | 2.59 | 2.22 | 1.88 | 1.8 |
| 2005 | 6.01 | 4.09 | 3.75 | 4.21 |
| 2004 | 7.7 | 6.27 | 7.15 | 8.03 |
| 2003 | 3.2 | 5.35 | 7.03 | 10.92 |
| 2002 | 1.08 | -0.68 | 0.54 | 1.03 |
| 2001 | 1.89 | 1.24 | 1.5 |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.