Price/Rent Ratio - South Africa Compared to Africa
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| South Africa |
26 yrs
|
| Gambia |
17 yrs
|
| Kenya |
15 yrs
|
| Madagascar |
14 yrs
|
| Tanzania |
12 yrs
|
South Africa: Price/rent ratio
This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
South Africa does not publish official house price statistics, but ABSA Group releases good house price data. ABSA has a monthly house price index and quarterly property projections. General economics statistics are available from the Reserve Bank of Africa and the First National Bank (FNB). FNB releases quarterly economic forecasts as well.