Positive residential rental growth continues in Q3 2022 – SA

Johette Smuts, head of data analytics at PayProp, says while rental growth has certainly recovered from the lows of 2020 through 2021, it still lags behind the increases seen in 2019 and before. In Q3 2022, the average national rent grew by 3.0%, 3.1% and 2.6% year on year in July, August and September respectively, compared to 3.7%, 3.5% and 4.2% for July, August and September 2019.

Read more: https://bit.ly/3UkFdWU