Investment Analysis of South African Real Estate Market
The housing market rose a little in 2010, encouraged by South Africa hosting the 19th FIFA World Cup, and from 2011 to 2019, house prices have risen by almost 51%. But after the ravages of inflation are deducted, that works out at a meagre 0.4% growth in real terms. In 2020, house prices rose by 3.7% from a year earlier, amidst the pandemic.