TPN Vacancy Survey Report Q3 2024
National residential rental vacancies fell to 5.07% in the third quarter of 2024, the lowest since the TPN Vacancy Survey started in 2016. Limited new supply and strong demand kept vacancies low in this quarter, with properties under R12,000 a month …
TPN Residential Rental Monitor Q2 2024
Rental escalations ease as economic pressure persists Despite ongoing economic challenges, 83% of tenants remained in good standing in Q2 of 2024. Rigorous tenant vetting and collection processes have enabled landlords to maintain stability, even as …
TPN Vacancy Survey Report Q2 2024
Residential rental vacancies in South Africa rose to 6.72% in the second quarter of 2024, up from 4.42% in Q1, as economic pressures and evolving consumer behaviour impacted demand across all provinces and rental value bands. The sharpest increases w…
TPN Vacancy Survey Report Q1 2024
Residential rental vacancies in South Africa have reached historic lows, with the national vacancy rate decreasing to 4.42% in the first quarter of 2024, the lowest level since 2016. This trend is driven by high interest rates making homeownership un…