The increase extends the upward trend that began in 2024 and signals continued resilience in the country’s residential property sector.
Consumer confidence in South Africa’s residential property market has climbed to its highest level since 2015, with growing optimism among homebuyers, sellers and investors despite concerns about inflationary pressures and rising fuel costs.
According to the latest Homeowners Sentiment Index (HSI) released by Absa on Wednesday, overall confidence in the property market rose by one percentage point to 88% in the first quarter of 2026, marking the highest reading since the survey was launched more than a decade ago.
The increase extends the upward trend that began in 2024 and signals continued resilience in the country’s residential property sector.
The HSI showed improved sentiment across all major categories measured in the survey, including buying, selling, investing and renovating property.
