Cape Town's property prices outpaced every other metro by a wide margin

Year-on-year change in the Residential Property Price Index by metropolitan area, May 2025 to May 2026 (%)

8,2%

national residential property price
inflation, May 2026

+5pp

Cape Town's lead above the
next fastest metro

Cape Town's annual gain placed it far ahead of every other metro, underscoring a deepening spatial divide in South Africa's housing market. The 3.5 percentage point gap between Cape Town and the metropolitan aggregate shows how concentrated the property price boom has become.