Property Prices Rise Most in WC, LP, while GP lags

Residential property prices rose by 6.6% year-on-year in June, according to latest data from Stats SA. On a month-to-month basis the rate of increase was 0.6%.

This was a slight rise from the year-on-year increase in property prices recorded in May, when prices rose by 6.3%.

Limpopo saw prices rise the most, with residential property prices rising by 11.9% in June 2025, compared to June 2024.

The Western Cape was the only other province to see double-digit growth, with property prices rising 10.9% in June, compared to a year earlier.

Prices rose most slowly in Gauteng, with residential property prices going up by only 3.1% in June.

When it came to the increase in residential property prices in the country’s metros, the Western Cape again performed well.

The average overall annual growth in property prices in metros was 5.7%. Cape Town was the only metro where property price growth was higher than this average, coming in at 9.0%.

Metro property price growth was second highest in Nelson Mandela Bay and Ekurhuleni, where prices grew by 4.8% in both metros.

Residential property prices grew most slowly in Mangaung and Buffalo City, where property prices increased on an annual basis by 1.6% and 2.2% respectively.