Citymark

Sixty percent of all residential properties on South Africa’s deeds registry are valued at less than R600 000 (about US$70 000).  This is often referred to as the entry or affordable market within South Africa.  The affordable housing market in South Africa includes government sponsored housing, gap housing, new and old stock. This property market services 88% of South African households. And yet, we know very little about it.

As part of our market intelligence on the South African Housing Sector, we have developed this interactive Citymark dashboard that includes market insights on South Africa’s housing sector. 

Citymark is an initiative hosted by CAHF. It focuses on the residential property market in South Africa. Drawing deeds data from the SA deeds registry and survey data from StatsSA and other sources, Citymark creates a range of key performance indicators at the suburb, metro and national levels, in South Africa’s major metros and about 50 local municipalities.  By honing in on the suburb level, Citymark provides dynamic insight into residential property market size, market activity, and other factors.   Consolidated analysis includes trends, levels of churn in different areas and rates of change in properties and transactions, values and lending trends. Similar indicators at the national level provide important benchmarks for comparison in order to begin to better understand the performance of residential properties in South Africa, in particular affordable markets, in ways not available before.

South African housing market intelligence can be accessed in several ways. From reports and data extracts that directly directly target areas and indicators of interest, to proprietary dashboards providing onsite dynamic access to market insights, accessible from mobile phones to desktops.

Citymark is intended for use by investors, developers, and lenders, as a tool to enable sound investment decisions in affordable housing in South Africa.  In addition, the tool can be used by policy makers and regulators, researchers, students and professionals to increase understanding of the affordable housing market and enable constructive policy choices.

Click here for a demo of the new citymark dashboard.  

 

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