Eastern Cape Tops the Housing Charts

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The Eastern Cape prevails as the top contender, in terms of property price growth, among the major regions in South Africa’s residential property market.

The Eastern Cape prevails as the top contender, in terms of property price growth, among the major regions in South Africa’s residential property market. The region continues to show robust annual growth in housing prices – peaking at +7.01% in 2022 (January to October) – up from +6.35% in 2020 and +6.76% in 2021. 

Rhys Dyer, CEO of ooba Home Loans elaborates: “While the Western Cape has proved to be a popular choice for both semigrants and international investors alike, the Eastern Cape continues to outperform all other major regions in terms of property price growth.”

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