The province’s residential property prices jumped 12.3% in May 2025, outpacing every other province and nearly doubling the national average, Statistics South Africa said on Friday.
Image: Independent Newspapers
Limpopo has emerged as South Africa’s property hotspot, recording the fastest house price growth in the country.
The province’s residential property prices jumped 12.3% in May 2025, outpacing every other province and nearly doubling the national average, Statistics South Africa said on Friday.
The province’s booming property market comes on the back of strong economic performance.
Limpopo’s economy expanded faster than the national average in 2024, supported by finance, real estate and business services, as well as personal services such as hair and beauty.
Growth in utilities, transport, communication, manufacturing and trade added momentum, helping the province outperform larger economic hubs.
Nationally, residential property price inflation stood at 6.1% in May, rising from 5.8% in April
Consumer inflation in the same month was 2.8%, providing some relief to buyers even as property prices continued to climb.
The Residential Property Price Index (RPPI), which tracks how home values change across the country, also rose by 0.5% month-on-month.
Home prices in key cities in South Africa.
Image: Perplexity
National growth captures the broad picture of property inflation across all provinces, while provincial and metro figures show where the market is heating up fastest.
On a provincial level, the Western Cape and Gauteng made the biggest contributions to the national figure — 9.4% and 2.9% respectively — but Limpopo was the clear frontrunner.
Its double-digit growth signals growing demand and confidence in the province’s housing market, with buyers and investors increasingly looking beyond traditional metros.
Across metropolitan areas, which focus only on the major cities such as Johannesburg, Cape Town and eThekwini, property prices rose by 5.1% year-on-year.
The City of Cape Town dominated metro growth with an 8.1% annual increase, contributing 2.9 percentage points to the overall metro rate — once again confirming the Mother City’s position as the country’s most resilient urban market.
Stats SA said the RPPI for properties sold for the first time climbed 4.4%, while resold properties rose 5.9% over the same period.
Sectional title units increased by 5.2%, and freehold homes by 5.6%, showing strength across all segments of the housing market.
Johannesburg led the metros for first-time sales at 6.8%, while Mangaung in Bloemfontein saw prices decline amid ongoing governance and service-delivery challenges.
The latest data cements Limpopo’s position as the country’s surprise performer, proving that property gold isn’t only found in the metros.
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