The delivery of affordable housing over the past twenty-six years has had a profound effect on South Africa’s residential property market: the majority of properties in South Africa’s residential property market fall in the “affordable” category. As at end 2019, there are about 6,6 million residential properties on the deeds registry. Just over half (55%) were valued at less than R600 000. About 31% of all properties were financed by government (2 042 041 properties).
This presentation by Kecia Rust utilises updated title deeds data purchased from Lightstone Pty. to analyse residential property markets in South Africa’s metros, and explores how these metros can adapt their policies (rates, housing and planning) to harness develop residential property markets to further housing objectives and respond effectively to COVID-19 imperatives.Download PDF