08/10/2026
Our MortgageMeter fast facts are in!
September showed strong movement in the home loan market, with average purchase prices increasing 13.06% to R1.57 million and average approved bond values rising 7.80% to R1.28 million.
Average deposits saw the biggest increase, up 44.37% to R289,120, while first-time buyers accounted for 73.91% of buyers, with their average purchase price increasing 10.70%.
With the prime lending rate rising to 10.75% on 25 September 2026, higher borrowing costs will keep deposit sizes and overall affordability important considerations for buyers.
Overall, the data points to higher property values, larger deposits and continued strong first-time buyer activity.
Contact us to find out more about our mortgage software – www.comcorp.co.za