House prices in South Africa: ABSA index, all dwellings (2000=100)
South Africa
House prices in South Africa.
ABSA releases a monthly house price index for South Africa, based on the total purchase price of houses of 80m2 to 400 m2 size, costing R3.5 million or less, whose loans were approved by ABSA. The time-series stretches back to 2006.
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 | |
| 2020 | -1.45% | |||
| 2019 | -0.75% | 0.12% | 0.10% | 0.01% |
| 2018 | 0.09% | 0.04% | -0.52% | 0.16% |
| 2017 | -0.07% | 0.04% | -0.25% | -0.33% |
| 2016 | -0.92% | -0.56% | -0.54% | -0.32% |
| 2015 | 0.36% | -0.19% | -0.04% | 0.87% |
| 2014 | -0.81% | 0.16% | 0.22% | 1.35% |
| 2013 | -0.42% | 0.86% | -0.08% | 1.96% |
| 2012 | -0.66% | 0.29% | 0.48% | -0.18% |
| 2011 | -1.36% | 0.06% | -0.46% | 0.01% |
| 2010 | 0.39% | 0.14% | -0.87% | 0.12% |
| 2009 | -3.39% | -1.47% | -0.63% | 1.51% |
| 2008 | -4.10% | -5.98% | -4.00% | 0.36% |
| 2007 | 2.90% | 2.97% | -0.31% | -2.29% |
| 2006 | 2.55% | 2.33% | 1.77% | 1.77% |
| 2005 | 5.93% | 4.18% | 3.84% | 4.21% |
| 2004 | 7.64% | 6.27% | 7.10% | 7.98% |
| 2003 | 3.12% | 5.20% | 7.19% | 10.99% |
| 2002 | -0.65% | -0.26% | 0.29% | 1.11% |
| 2001 | 0.34% | 4.19% | 2.22% |
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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2019 | -0.52% | 3.49% |
| 2018 | -0.24% | 4.15% |
| 2017 | -0.61% | 3.86% |
| 2016 | -2.33% | 4.58% |
| 2015 | 1.01% | 6.24% |
| 2014 | 0.92% | 6.31% |
| 2013 | 2.33% | 7.69% |
| 2012 | -0.07% | 5.74% |
| 2011 | -1.75% | 4.46% |
| 2010 | -0.22% | 3.11% |
| 2009 | -3.99% | 1.93% |
| 2008 | -13.14% | -5.05% |
| 2007 | 3.20% | 11.01% |
| 2006 | 8.68% | 13.92% |
| 2005 | 19.41% | 21.82% |
| 2004 | 32.28% | 35.19% |
| 2003 | 29.06% | 26.95% |
| 2002 | 0.48% | 14.05% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
