Nominal growth of residential property prices in the local currency reached 4.91% in 2017 in South Africa, according to the National Statistical Office. This is 126% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in South Africa reached an all time high of 35.0% in 1981 and an all time low of -6.38% in 1985.
South Africa has been ranked 34th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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