Homeownership remains an aspirational milestone for many South Africans entering the property market for the first time.

Consumer confidence in South Africa’s property market increased by one percentage point to 88%, reaching its highest level since the index was launched in 2015.

Absa’s latest Homeowners Sentiment Index (HSI) for the first quarter of 2026 shows that the increase continues the upward trend seen since 2024, pointing to sustained optimism in South Africa’s residential property market.

All sub-indices reached their highest levels to date.

“The main driver of positive sentiment is that many South Africans view property as a secure investment asset,” said Tshepo Mashashane.