Mortgage loans reached 988 ZAR bil in 2018 in South Africa, according to the National Central Bank. This is 4.17 % more than in the previous year.
Historically, mortgage loans in South Africa reached an all time high of 988 ZAR bil in 2018 and an all time low of 79.7 ZAR bil in 1993.
South Africa has been ranked 6th within the group of 20 countries we follow in terms of mortgage loans, 13 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.