PROPERTY INSIGHT (No.145)
Following release of the review of the South African property sector market size being a whopping R5.8 Trillion made up of 4 industries.
The registered South African Residential Property Market comprises of 6.1 million properties worth R3.9 trillion.
The two graphs below depict how the Residential market is divided into 2 types:
- Formal Residential
- Informal residential (excluded in the count),
As well as the geographical split in numbers from the provinces.