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Category: Rentals

Q3 TPN Rental Report: rental escalations are slowing in response to price-sensitive consumers

Q3 TPN Rental Report: rental escalations are slowing in response to price-sensitive consumers

Despite a tough economy and constrained household budgets, more tenants are paying their rent for the third consecutive quarter, and the number of tenants in good standing has continued to improve. That said, while tenants are willing to navigate rental escalations for now, there is clearly a fine balance between residential rental vacancies and the ability of property investors to ask for higher rentals.

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Rental prices hit a sweet spot in Cape Town

Rental prices hit a sweet spot in Cape Town

During Q3 2023, the Western Cape’s sales totals trumped that of Gauteng’s sales totals, despite it being a smaller region. Semigration combined with a recovering tourism sector along the Atlantic Seaboard has seen demand drive rentals up by 20% – 35% and more.

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