EUR/ZAR Price & Performance (EURZAR)

Recent data reveals that consumer confidence in South Africa's property market has hit a ten-year peak, with 87% of respondents optimistic about residential property. First-time buyers are driving market activity, supported by interest rate cuts and improving affordability. Investment sentiment also surged, reflecting economic recovery and market resilience.1

First-time buyers are fueling South Africa's property market, accounting for over half of property registrations in 2024. Improved cash flow, interest rate cuts, and positive sentiment have encouraged this segment to dominate. Investors also see opportunity, with confidence in expanding portfolios rising significantly.1

Investment sentiment in South Africa’s property market has reached 85%, its highest growth in recent quarters. This optimism is driven by economic recovery and improving affordability. Selling sentiment also surpassed 50% for the first time in two years, signaling better property stock levels.1