Property Brief – April 2026

The latest BetterBond Property Brief - April 2026 is out!

Article highlights:

In this month’s Property Brief, South Africa’s outlook is shaped by a mix of supportive domestic trends and elevated geopolitical risk. While inflation continues to decline and the prime lending rate remains on hold at 10.25%, ongoing conflict in the Middle East is contributing to market volatility and higher oil prices, which may delay further interest rate cuts.

Encouragingly, key economic indicators remain constructive. South Africa has recorded a strong year-to-date trade surplus of R45.4 billion, supported by robust exports of precious metals, while easing food inflation is helping to stabilise household finances.

In the residential property market, BetterBond data points to a continued recovery. Home loan applications increased by 9.7% quarter-on-quarter and are up 6.1% year-on-year, reflecting improved buyer activity. Average home prices have reached new highs, with first-time buyers entering the market at R1.35 million, while declining deposit requirements and rising real incomes are further supporting affordability.

However, elevated geopolitical uncertainty is expected to sustain a buyers’ market in the near term, with confidence and investment activity remaining sensitive to global developments.

The full list of data points included in the April 2026 Property Brief is as follows:

We trust this month’s BetterBond Property Brief equips you with relevant insights to navigate current market conditions and support informed property and lending decisions.

Missed last month’s insights? Read the March 2026 BetterBond Property Brief here.