--- title: 6,5% annual growth in middle category homes satisfactory in current market conditions description: The latest (8th August) report from Absa’s Home Loans Division has confirmed that price growth in the lower middle and middl... image: https://res.cloudinary.com/rawson/image/upload/v1/remote/blog/staging/posts/1623/NXLO4c06cA8FYsDRF3twITro87zVBXrLLAusC6Ed.jpeg --- [![Rawson Property Group logo](https://blog.rawson.co.za/hs-fs/hubfs/Rawson%20-June2017/image/logo-rawson-property-group-white-112x26.png?width=113&height=26&name=logo-rawson-property-group-white-112x26.png "Rawson Property Group logo")](https://www.rawson.co.za/) [![Rawson Property Group logo](https://blog.rawson.co.za/hs-fs/hubfs/Rawson%20-June2017/image/blog-logo.png?width=113&height=26&name=blog-logo.png "Rawson Property Group logo")](https://www.rawson.co.za/) [More Menu ](https://blog.rawson.co.za/65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions#footer) - [Blog](https://blog.rawson.co.za) - [6,5% annual growth in middle category homes satisfactory in current market conditions](https://blog.rawson.co.za/65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions) # 6,5% annual growth in middle category homes satisfactory in current market conditions [News](https://blog.rawson.co.za/topic/news) [![Share on Facebook](https://cdn2.hubspot.net/hub/251674/hubfs/1px.png?width=24&name=1px.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://cdn2.hubspot.net/hub/251674/hubfs/1px.png?width=24&name=1px.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://cdn2.hubspot.net/hub/251674/hubfs/1px.png?width=24&name=1px.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=6%2C5%25%20annual%20growth%20in%20middle%20category%20homes%20satisfactory%20in%20current%20market%20conditions) [![Share on Pinterest](https://cdn2.hubspot.net/hub/251674/hubfs/1px.png?width=24&name=1px.png)](http://pinterest.com/pin/create/button/?url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dpinterest&media=http%3A%2F%2Fcdn1.hubspot.com%2Fhub%2F158015%2F305390_10100548508246879_837195_59275782_6882128_n.jpg) The latest (8th August) report from Absa’s Home Loans Division has confirmed that price growth in the lower middle and middle price categories (which account for some 65% of all residential sales in South Africa today) has remained ‘satisfactory’, says Bill Rawson, Chairman of the Rawson Property Group. “Absa’s analysts have indicated that year-on-year values have risen by 6,5% and by 8,5% in the first seven months of this year. Regrettably, however, they do not see the 8,5% figure being maintained for much longer.” Absa’s figures, added Rawson, are more or less in line with those of the Rawson Property Group.  Both show that the average price of a small home (80 m2 to 140 m2) is now ± R826,000, for medium size homes (141,00 m2 to 220 m2) R1,470,000 and for large homes (221 m2 to 400 m2) R1,816,000. Looking ahead, said Rawson, while it can be assumed that strong demand will continue to push up and sustain prices, home purchasing in the year ahead is likely to be made more difficult by the economic factors currently prevailing in South Africa. Absa has indicated that prime lending and mortgage rates will rise to 9,5% by the end of 2014 and to 10,5% by the end of 2015.  This will begin to mark the end of the lower interest rate era. Other factors likely to affect the property market, said Rawson, are high unemployment and household debt (currently close to 75% of the GDP), increasing caution among the banks in regard to their lending policy and the current high levels of consumer price inflation, with a 6,6% growth rate at present. “Taking all these factors into consideration,” said Rawson, “residential property looks set to remain a safe but unspectacular investment, one in which year-on-year growth will match or remain slightly ahead of the inflation rate.  For the man-in-the-street in the current market conditions, this makes it a very wise investment channel.” ##### For more information, email [marketing@rawsonproperties.com](mailto:marketing@rawsonproperties.com) or visit [www.rawson.co.za](https://www.rawson.co.za/) for the latest market tips and industry news. ## Rawson ### Leave a comment ### More Posts Jul 02, 2026 #### [Stock shortage puts Western Cape sellers in the driving seat](https://blog.rawson.co.za/stock-shortage-puts-western-cape-sellers-in-the-driving-seat) advice [![Share on Facebook](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Facebook%20Icons.png?width=24&name=Facebook%20Icons.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Linkedin%20Icon.png?width=24&name=Linkedin%20Icon.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Twitter.png?width=24&name=Twitter.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=6%2C5%25%20annual%20growth%20in%20middle%20category%20homes%20satisfactory%20in%20current%20market%20conditions) May 28, 2026 #### [Rates increase by 25 basis points: What May’s MPC decision means for SA property](https://blog.rawson.co.za/rates-increase-by-25-basis-points-what-mays-mpc-decision-means-for-sa-property) [![Share on Facebook](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Facebook%20Icons.png?width=24&name=Facebook%20Icons.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Linkedin%20Icon.png?width=24&name=Linkedin%20Icon.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Twitter.png?width=24&name=Twitter.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=6%2C5%25%20annual%20growth%20in%20middle%20category%20homes%20satisfactory%20in%20current%20market%20conditions) May 19, 2026 #### [Who’s fixing what? Rental property maintenance for landlords and tenants](https://blog.rawson.co.za/whos-fixing-what-rental-property-maintenance-for-landlords-and-tenants) rental-advice [![Share on Facebook](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Facebook%20Icons.png?width=24&name=Facebook%20Icons.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Linkedin%20Icon.png?width=24&name=Linkedin%20Icon.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://blog.rawson.co.za/hs-fs/hubfs/social-uploaded-images/Twitter.png?width=24&name=Twitter.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.rawson.co.za%2F65-annual-growth-in-middle-category-homes-satisfactory-in-current-market-conditions%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=6%2C5%25%20annual%20growth%20in%20middle%20category%20homes%20satisfactory%20in%20current%20market%20conditions) [![Rawson Property Group logo](https://blog.rawson.co.za/hs-fs/hubfs/Rawson%20-June2017/image/logo-rawson-property-group-white-112x26.png?width=113&height=26&name=logo-rawson-property-group-white-112x26.png "Rawson Property Group logo")](https://www.rawson.co.za/) Property - [Residential](https://www.rawson.co.za/property/for-sale) - [Commercial](https://www.rawson.co.za/commercial-property/for-sale) - [Bank Mandated](https://www.rawson.co.za/property/for-sale?bank-mandated=1) - [Auctions](https://www.rawson.co.za/property/for-auction) - [New Developments](https://www.rawson.co.za/property/for-sale?new-development=1) Services - [Sell](https://www.rawson.co.za/sell) - [Rent](https://www.rawson.co.za/rentals) - [Commercial](https://www.rawson.co.za/commercial) - [Landlords](https://www.rawson.co.za/landlords) - [Auctions](https://www.rawson.co.za/auctions) Rawson - [Finance](https://www.rawson.co.za/finance) - [Join us](https://www.rawson.co.za/join-us/become-a-rawson-sales-partner) - [Blog](https://blog.rawson.co.za) - [About us](https://www.rawson.co.za/about) Partners - [Private Property](https://www.privateproperty.co.za/rawson) Contact Rawson Property Group Head Office 222 Main Road Rondebosch, WC 7700 South Africa [+27 (0)21 658 7100](tel:+27-21-658-7100) © Copyright Rawson Properties 2017. All rights reserved. - [Terms of Use](https://www.rawson.co.za/terms) - [Privacy Policy](https://www.rawson.co.za/privacy) - [PAIA Documents](https://www.rawson.co.za/paia) 1. [Follow us on Facebook ](https://www.facebook.com/RawsonProperties/) 2. [Follow us on Twitter ](https://twitter.com/rawsongroup)